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tiya   14 February 2020

Stamp duty for assignment of trade in chennai and delhi

Can anyone please tell what would be the stampduty for assignment of trademark in Delhi, chennai and hyderabad.

I have already looked up their state's stamp act but couldn't find anything relevant.

 



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 2 Replies

RITUPORNA GUPTA   28 October 2020

Hello tiya,

An application to register the title of a person who becomes entitled by assignment is made in Form TM-P.

Here it would be relevant to mention that as per the provisions laid down under the Indian Stamp Act, a stamp duty @5% is payable on the instrument based on the consideration amount.

I hope your query is resolved.

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