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Stamp paper value

(Querist) 18 February 2018 This query is : Resolved 
What value of non judicial stamp paper will be used for loan promissory note writing. I is it fixed or depends on amount?
Isaac Gabriel (Expert) 18 February 2018
The fees differ from state to state and leviable in accordance with the amount.
kavksatyanarayana (Expert) 19 February 2018
Generally, a Promissory note requires a Revenue Stamp of Rs.5.00. and as advised by expert Mr.Issac Gabriel ji the stamp duty varies from one State to another State.
Dr J C Vashista (Expert) 21 February 2018
As provided in your State Stamp Act, read the provision or consult a local lawyer.


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