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Monday, April 22

Stamp duty on Transfer of debentures in Andhra Pradesh



On Transfer of debentures, (whether with or without consideration), being marketable securities whether the debenture is liable to duty or not, except debentures provided for by section 8

One half of the duty payable on a Conveyance for a consideration or market value equal to the face amount for the debenture.

                                   




For exemptions and other details please refer to Schedule IA of the Indian Stamp Act, 1899, as applicable to Andhra Pradesh.

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