After allotment of shares in a board meeting, make an application to the Divisional Commissioner, Collector of stamps, Sham Nath Marg, New Delhi, for payment of stamp duty on share certificate(s).

After scrutiny of docs. submitted with the application, a challan will be issued by the revenue dept. mentioning therein the amount to be paid as stamp duty.

After depositing the said amount, the dept. will get cofirmation regarding the receipt of the said amount from Treasury Officer, if deposited amount is over and above Rs. 1,000.

After receiving the aforesaid confirmation, Collector of Stamp will issue a certificate mentioning therein that the applicant company has paid the stamp duty.

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