What is the stamp duty rate for the Trademark licensing agreement in Delhi? Also please provide the provision where it is provided.
It is not available specifically in the Delhi Stamp Act as well.
HIBA NASIR 08 February 2022
What is the stamp duty rate for the Trademark licensing agreement in Delhi? Also please provide the provision where it is provided.
It is not available specifically in the Delhi Stamp Act as well.
Aryan Raj 10 February 2022
Dear Queriest,
A trademark licence agreement authorises the licensee to use the licensor's trademark in connection with agreed-upon goods or services. Licensing may help a corporation expand into new markets quickly and easily while also providing the licensee with a well-known brand.
The Stamp duty in Delhi is 5% of the total amount to be paid in the agreement. As imposed by Indian Stamp Act, 1899.
Regards,
Aryan Raj
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