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RAMESH SEHGAL (s Consultant (Finance))     24 June 2017

Stamp duty on bank guarantee in rajasthan state

Pl inform the amount of Stamp Duty to be paid for extension of validity of Bank Guarantee for Rs10,00,000/- and Rs4,00,000/- for a period of three months. -Ramesh Sehgal 91-9990217028


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 2 Replies

Arjun Kohli   24 June 2017

Extension of an instrument would attract the same stamp duty as originally.

In Rajasthan, it is currently 0.25% of the amount secured, subject to a maximum of Rs. 25,000

Follow the link, https://www.igrs.rajasthan.gov.in/writereaddata/Portal/Images/pdf/Rajasthan_Stamp_Act__1998.pdf.
Pg. 75. Pt. 13-A

RAMESH SEHGAL (s Consultant (Finance))     24 June 2017

Dear Shri Arjun Kohli,

Thanks for your prompt reply.

Regards.

Ramesh Sehgal

91-9990217028

 


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