Question
How much stamp duty applies on a share transfer (SH-4)?
Answer
Bottom line: A physical share transfer on Form SH-4 attracts 0.25% stamp duty; a demat transfer is charged 0.015%.
1. Physical transfer
0.25% of the consideration or market value on an off-market transfer of unlisted shares.
2. Demat transfer
0.015%, collected centrally through the depository since 2020.
3. Stamp it first
The SH-4 must be duly stamped before the company registers the transfer.
Calculate it with our Share Transfer Stamp Duty Calculator.
This answer is general information based on the law as it stood when written and is not professional advice on your specific situation. Verify the current position and consult a qualified professional before acting. See our disclaimer.