Dear Sir,
Manufacturer based in Maharashtra (Mumbai) wants to enter into exclusive / non-exclusive dealership agreement with proposed dealers after taking interest free security deposit. Kindly advice for stamp duty payable & registration requirements.
1. For agreement entered with Dealers based in Maharashtra &
2. For agreement entered with Dealers based out of Maharashtra
What are the consequences of underpaying stamp duty / non-registration?
Thanking you in anticipation.
Priyank Shah
