87+ Lawyers are online 
cash credit hypothecation stamp duty what to do
11-Jul-2023 (In Banking / Finance Law)
if bank enhansed cash credit hypothecation loan by 3 Lakh (old limit Rs.5 Lakh) total Limt Rs.8 Lakh how much stamp duty should take at the time of agreement of hypothecation?
You are liable to pay stamp duty only on enhanced amount i.e. Rs.3 lakhs. Stamp Duty payable on agreement of hypothecation is 0.2% of Rs.3 lakhs, which is Rs.600. I believe that you have paid stamp duty on old instrument of Rs.5 lakhs as per rules.
Helpful?
30+
30+
Adv. Sunil Kadam
Mumbai | 100+ Answers
CONTACT NOW
How do you determine the value of stamp paper?
The state government is responsible for determining the value. The charges are directly proportional to market value and other factors such as performance on the market. Stamp duty is also determined by the location of the property, such as whether its in an urban or rural area.
What is the value of 100 RS stamp paper?
In India, a Rs-100 stamp paper is a non-judicial stamp used to execute legal or financial documents. The value is pre-printed at Rs 100. The stamps are available from authorised vendors of stamps or banks approved by the government. Stamp duty is paid directly on the stamp paper. 11-Sept-2023
What is difference between e stamp and stamp paper?
What is the difference between E-stamp paper and Stamp paper?
Launch date : The Stamp Paper was launched in 1765, and the e-Stamp Paper in 2013. Authenticity: To check the authenticity, one must visit the court to inspect the Stamp Paper. However, the authenticity of the e-Stamp Paper is checked online. 30-Aug-2022
What is the stamp paper value for MOU?
Normaly, MOUs are exempt from stamp duty. If the MOU includes an agreement to buy immovable property valued at more than Rs. If you are required to present it at court, the MOU should be stamped.
consideration price in e stamp
Consideration price in lease agreement
E stamp charges
Who is first party and second party in e stamp
E stamp paper for loan Agreement
Consideration price Meaning in Hindi
Article 5 General Agreement stamp paper
Consideration price in e stamp in karnataka
First party and Second Party in stamp paper for Affidavit
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Banking / Finance lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
