stamp duty on trademark license agreement in mumbai

9.13 Time limit for filing Application for refund of stamp duty : Date of execution of Agreement to Sale: Date of Registration :Cancellation of registered instrument described under Article 25 of schedule I. - For the purposes of this Article, the value of shares, scrip or stock includes the amount of premium, if any. The stamp duty in Karnataka is set as follows: For properties costing INR 45 lakhs - 5% For properties between INR 21 lakhs to 45 lakhs - 3% For properties that are less than INR 20 lakhs - 2% Q2. The reduced stamp duty shall apply to all loan agreements executed by borrowers in favour of banks, financial institutions, and financial development corporations. What is Stamp Duty? In the State of Maharashtra stamp duty on issue of share certificates is 0.1 per cent on the value of the share certificate inclusive of premium, if any, under Article 17 of Schedule I to Maharashtra Stamp Act, 1958. 3. What was Stamp Duty At The Time Of Agreement Dates 10-12-1985 and 04-07-1980? Certain departments, organisations, Institutions etc., to ensure payment of stamp duty 16 11. More. All the charges put together can come up to 7% to 10% of the total market value of the property or more than that. The same charges apply if you purchase a resale flat in Mumbai. The two leading decisions on this definition are those of the Supreme Court in the case of. If the stamp duty is on ad valorem basis then the amount varies on the basis of value of the products, services or property on which it is levied. Vipra Chadha Vipra is a full-time content writer and a part-time Netflix addict. Cancellation of adhesive stamps 17 13. STAMPS TO BE USED -- Adhesive Stamp (Section 11). Recently Maharashtra Government has allowed online registration of first sale agreement of developers approved by the Stamp duty and Registration Authorities. Here, it would be relevant to mention that a s per the provisions laid down under the Indian Stamp Act, a stamp duty @ 5% is payable on an instrument based on the consideration amount mentioned. Stamp Duty Maximun Stamp Duty Registration Fee ( % or fix duty) Minimum Registration Fee Maximun Registratio n Fee 48 Conveyance in compliance tothe Agreement sale (without possession) Compulsory 5 % 3%1 % 10 % of Principal Stamp Duty 1000 Rs - 49 Conveyance incorporating names of daughter in law Compulsory 1 % -10 % of Principal Stamp Duty 0.8 . The same duty as is leviable on a Conveyance under clauses (b) or (c), as the case may be of Article 25, on the market value of the property. 9.17 Punishment for prevention or obstruction to entry of Officer exercising powers u/s. Even instruments executed outside the State are liable to duty within 3 months on their receipt in the State, provided it relates to a property situated in the State or a matter or thing to be done in the state. Explanation. (iii) within the limits of anyGrampanchayatarea or any such area not mentioned in sub-clause (ii). See also Letter of Allotment of Shares (Article 37); Explanation.