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Gargi Ranade (Company Secretary)     08 December 2017

Agreement executed in japan

We are Indian Company , and 100% subsidiary of the Japanese Company . our parent company agreed us to finance one project in India , for which they agreed to fund through ECB . Now , MD has enetered into Agreement for said ECB in Japan , we have one copy of the Agreement.

Accordingly money is brought in , my query is do we need to pay stamp duty on said ECB agreement, in India.

Please reply .

 

 



Learning

 1 Replies

kunal “#unconventional #Aquari   08 December 2017

not reqd. u get it notarized by an authorized notary in India& it will be treated as authentic document

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