Stamp duty liability for execution of escrow agreement in tn

Arunachalam M (Querist) 02 November 2018 This query is : Resolved
Dear Experts,

Our company is going to do a Govt Project, for which they have to execute Escrow Agreement, Substitution Agreement with the TN Govt. Authorities, These agreements are not going to be registered.
My Question is : Is it liable for Stamp Duty Payment? If Yes. How much of Stamp Paper to be bought?

Request the Experts help relating to Stamp Act of TN.

Thanks in Advance,
M. Arunachalam

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Isaac Gabriel (Expert) 02 November 2018
In the agreement everything as per Government formal;ities will be covered. Neverthless your query is hypothetical.Clearcut opinion could not be given in the absebce of facts and business.

Guest (Expert) 02 November 2018
Take help from some local lawyer.

Dr J C Vashista (Expert) 03 November 2018
Consult and engage a local lawyer to take on the responsibility and sail the company through.

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