What is the Stamp Duty on LLP Agreement for all States in India By CS Gaurav Kumar


Dear Professional Colleagues,

In this write-up, I have tried to cover the pain areas of every single professional who have to work really hard to find out as to what amount of stamp paper has to be bought for LLP Agreement for different states.

We know that Stamp Duty is subject to state and thus it varies from state to state.

Normally, when we incorporate Companies, we keep the capital of INR One Lac.

On the other hand, while we incorporate any LLP in India, the amount which is kept as minimum threshold generally is INR Ten Thousand. The problem arises when we have to struggle really hard after getting Certificate of Incorporation when we have to file Form 3 for initial LLP Agreement to MCA.

For example, 

In Delhi, it is INR 100/-
In Haryana, it is INR 1000/-
In Uttar Pradesh, it is 750/-

Considering the capital is INR 10,000/-

We know that filing of LLP agreement is mandatory after receiving Certificate of Incorporation within 30 Days. After 30 Days, there is a penalty of INR 100/- for every day delay till it is filed. Thus, it is suggested that as soon as one gets his LLP incorporated, prepare the LLP Agreement and file it without delay.

Capsule: There is no MOA & AOA in LLP, unlike it has Limited Liability Partnership Agreement in LLP.

Points to remember:

  • LLP Agreement must be printed on non-judicial stamp paper;
  • LLP Agreement shall be signed by the Designated Partners of the LLP;
  • LLP Agreement is required to be notarized before uploading;
  • LLP Agreement has to be attached in Form 3 of LLP; 
  • The Content of Form 3 of LLP shall be in sync with the LLP Agreement;
  • Stamp Duty payable of LLP Agreement is different from state to state; and
  • The stamp duty payable on partnership agreement in view of the Finance Bill, 2009 is also payable for LLP.

To clear the ambiguity, here is the Chart on LLP Agreement Stamp Duty for all States

 

Capital Contribution & LLP Agreement Stamp Duty

State

Less than
Rs.1 Lakh

Rs. 1 Lakh to Rs. 5 Lakh

Rs. 5 Lakh to Rs. 10 Lakh

Rs. 10 Lakh & Above

Andhra Pradesh

500

500

500

500

Arunachal Pradesh

100

100

100

100

Assam

100

100

100

100

Bihar

2500

5000

5000

5000

Chhattisgarh

2000

2000 – 5000

5000

5000

Goa

150

150

150

150

Gujarat

1000

2000 – 5000

6000 – 10000

10000

Haryana

1000

1000

1000

1000

Himachal Pradesh

100

100

100

100

Jammu Kashmir

100

100

100

100

Jharkhand

2500

5000

5000

5000

Karnataka

2500

2000

2000

2000

Kerala

5000

5000

5000

5000

Madhya Pradesh

2000

2000 – 5000

5000

5000

Maharashtra

1000

2000 – 5000

5000

5000

Manipur

100

100

100

100

Meghalaya

100

100

100

100

Mizoram

100

100

100

100

Nagaland

100

100

100

100

New Delhi

1000

2000 – 5000

5000

5000

Orissa

200

200

200

200

Punjab

1000

1000

1000

1000

Rajasthan

500

500

500

500

Sikkim

100

100

100

100

Tamil Nadu

300

300

300

300

Tripura

100

100

100

100

Uttar Pradesh

750

750

750

750

Uttarakhand

750

750

750

750

West Bengal

150

150

150

150

Dadra and Nagar Haveli

1000

2000 – 5000

6000 – 10000

10000

Daman and Diu

150

150

150

150


If you still have any query, leave me an email at Gaurav@ccoffice.in

Click here to read the disclaimer


Write a Comment

  • Dear Gaurav,

    Sorry to inform but the table you have prepared is extracted from very renowned source and moreover the stamp duties you have mentioned are incorrect. Hope you would correct it soon.

     

    Thanks

    20-09-2018 / 06:04:26 PM
    Reply
    • Dear Jagrati,

      I appreciate your input. The same Table is there in more than 10 sites because this is something pervasive. Moreover, kindly leave details which you find incorrect so that it could be corrected. Thanks again. Best, Gaurav.

      20-11-2018 / 12:18:09 PM
      Reply