Stamp duty payable on issue of share certificate

Guest (Querist) 22 February 2017 This query is : Resolved
One Company in West Bengal has to issue share-certificate.Can any one tell me,what is the stamp duty payable in that state for issue of Share-certificate?

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Guest (Expert) 22 February 2017
As Per Indian Stamp Act 1889 and West Bengal Amendment Act 1987 It would be 0.60 Paise for each folio irrespective of considerations.

Rajendra K Goyal (Expert) 22 February 2017
Stamp fee, state subject, differ from state to state.

Discuss with the company secretary / company legal adviser.