Legal Question in Administrative Law in India

What is the stamp duty payable in case of a Non-disclosure Agreement containing an indemnity clause

a>Rs. 100

b>Rs. 250

c>Rs. 300

d>No stamp duty is payable


Asked on 3/25/14, 2:41 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

25.03.2014

Dear Sir / Madam,

Serampur Uttarpara

Hoogly

West Bengal.

Stamp Duty provisions and prevailing rates vary from State to State which you may confirm from the Registrar of Stamps Office in Chinsurah, Hoogly. If you are unable to confirm the prevailing Stamp Duty rate for a Non-Disclosure Agreement (NDA) containing an Indemnity clause, I suggest you get the NDA done on an Rs. 100/- denomination Non-Judicial Stamp Paper or franking of equivalent value.

Regards,

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Answered on 3/25/14, 7:53 am


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