Calculate stamp duty for SH-1 share issuance and SH-4 share transfer. Covers physical and demat workflows with payment route, deadline and challan remark.
This tool only handles SH-1 and SH-4. The fields below adapt to the selected instrument and mode.
The result is a working stamp-duty route for SH-1 share issue and SH-4 share transfer situations. It helps with amount, basis, payment route and deadline notes before the records are finalised.
The page is deliberately narrow: it handles share certificate issuance and share transfer instruments instead of trying to cover every securities or state stamp question.
Stamp duty can turn on the instrument, state payment system, transaction form and whether securities are held physically or through a depository.
Use the output to prepare the challan note and internal checklist, then match the stamped instrument with the company records.
This page stays focused on SH-1 share issuance and SH-4 share transfer. These short answers explain the scope of the calculator and the rate logic used on this page.
It covers SH-1 share issuance and SH-4 share transfer in physical and demat workflows.
It uses 0.015% on stated consideration under the post July 1 2020 regime. If there is no consideration, the tool shows nil duty.
For SH-1 physical, the tool combines the 0.005% base issue duty with the relevant state certificate duty where that add on still applies.
No. In this calculator, state does not change the SH-4 rate, though the payment process may still follow the local stamp route.
Related tools: Board Meeting Pack and Business Compliance Calendar.
State certificate duty applies to physical SH-1 issuance on top of the central rate. These are the figures the calculator applies. Rates change by notification and several states publish them in different forms, so treat this as a starting point and confirm the current schedule before paying.
| State / UT | Duty basis | Rate | Notes |
|---|---|---|---|
| Andaman & Nicobar Islands | Percentage of share value | 0.1% | Follows Bengal schedule — verify with administrator. |
| Andhra Pradesh | Flat, per certificate | ₹0.3 per certificate | — |
| Arunachal Pradesh | Flat, per certificate | ₹5 per certificate | — |
| Assam | Flat, per certificate | ₹5 per certificate | — |
| Bihar | Flat, per certificate | ₹10 per certificate | — |
| Chandigarh | Flat, per certificate | ₹10 per certificate | Follows Punjab schedule. |
| Chhattisgarh | Flat, per certificate | ₹10 per certificate | — |
| Dadra & NH and Daman & Diu | Percentage of share value | 0.1% | Follows Gujarat schedule — verify. |
| Delhi (NCT) | Percentage of share value | 0.1% | Delhi Revenue Department circular dated 29 Sep 2025 reasserts 0.1% under Article 19, Schedule I-A for share issuances (physical or demat) by Delhi-registered companies. Obtain adjudication. Confirm with corporate counsel / tax adviser before payment. |
| Goa | Flat, per certificate | ₹10 per certificate | — |
| Gujarat | Flat, per Rs 1,000 of value | ₹1 per ₹1,000 | — |
| Haryana | Flat, per certificate | ₹1 per certificate | ₹1 revenue stamp per certificate is common practice. |
| Himachal Pradesh | Flat, per certificate | ₹0.4 per certificate | — |
| Jammu & Kashmir | Percentage of share value | 0.1% | — |
| Jharkhand | Flat, per certificate | ₹1 per certificate | — |
| Karnataka | Flat, per Rs 1,000 of value | ₹1 per ₹1,000 | — |
| Kerala | Flat, per Rs 1,000 of value | ₹1 per ₹1,000 | — |
| Ladakh | Percentage of share value | 0.1% | Follows J&K schedule. |
| Lakshadweep | Percentage of share value | 0.1% | Verify with administrator. |
| Madhya Pradesh | Flat, per Rs 1,000 of value | ₹1 per ₹1,000 | — |
| Maharashtra | Percentage of share value | 0.1% | — |
| Manipur | Percentage of share value | 0.1% | Verify with state stamp office. |
| Meghalaya | Flat, per certificate | ₹2 per certificate | — |
| Mizoram | Flat, per Rs 1,000 of value | ₹1 per ₹1,000 | — |
| Nagaland | Flat, per Rs 1,000 of value | ₹0.45 per ₹1,000 | — |
| Odisha | Flat, per certificate | ₹1 per certificate | — |
| Puducherry | Percentage of share value | 0.1% | Follows TN schedule in parts — verify. |
| Punjab | Flat, per certificate | ₹10 per certificate | — |
| Rajasthan | Flat, per Rs 1,000 of value | ₹1 per ₹1,000 | — |
| Sikkim | Percentage of share value | 0.1% | Verify with state stamp office. |
| Tamil Nadu | Flat, per Rs 1,000 of value | ₹1 per ₹1,000 | — |
| Telangana | Flat, per certificate | ₹10 per certificate | — |
| Tripura | Percentage of share value | 0.1% | Verify with state stamp office. |
| Uttar Pradesh | Flat, per certificate | ₹1 per certificate | — |
| Uttarakhand | Flat, per certificate | ₹1 per certificate | — |
| West Bengal | Flat, per certificate | ₹0.6 per certificate | — |