Commercial agreement/contract-applicability of indian stamp act
VIJAY K. TEOTIA
(Querist) 27 September 2015
This query is : Resolved
Is is necessary to execute commercial agreement on Rs 100/- Non judicial stamp paper? I understand that such type of agreements are covered by entry No 5 (c) of schedule 1 of the said act.
Can we execute such type of agreements on plain paper or company's letter head?
P. Venu
(Expert) 28 September 2015
Please furnish the complete facts.
Rajendra K Goyal
(Expert) 29 September 2015
Stamp fee differ from state to state, consult local lawyer.
T. Kalaiselvan, Advocate
(Expert) 03 October 2015
Without knowing the subject or details of the query, any opinion given will be a misguiding one, moreover the stamp duty differs from one state to another in our country, so it is always better to consult a local lawyer on all such further issues.