The LLP agreement It is a mandatory requirement for every Limited Liability Partnership formed to file an LLP agreement within 30 days of its incorporation. If the agreement is not filed within the due date the company will be liable to pay a certain amount of tax. The Limited liability Partnership agreement is required to be printed on the stamp paper for being duly authorized. The stamp value of the stamp paper on which the LLP agreement is proposed to be printed varies from state to state and the amount of capital contribution. In this blog we will be taking a look at the rates of stamp duty on LLP agreement according to the state and the capital contribution by the partners. Below is the table containing the required detail.
|States||Capital Contribution Under Rs. 1 lakh||Contribution up to Rs. 5 lakh||Contribution up to Rs. 10 lakh||Contribution over Rs. 10 lakh|
|Dadar and Nager Haveli||1000||2000-5000||6000-10000||10000|
|Daman and Diu||150||150||150||150|