Stamp paper value

Banerjee (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?

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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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