Stamp Duty on MOA
Stamp duty shall be Rs. 1000 on every Rs.5 Lakhs of amount of increase in authorised capital or part thereof subject to a maximum of Rs. 50 Lakhs of stamp duty. It means addition in the authorised capital will be charged with the stamp duty @ 0.20%
| Increase in Authorised Capital From 5,00,000 to 2,00,00,000 | |
| Increase of Rs. 19500000 | 39000 |
| Increase in Authorised Capital From 5,00,000 to 5,00,00,000 | |
| Increase of Rs. 49500000 | 99000 |
MOA Registration Fees
| Nominal Share capital | Other than OPCs and Small Companies | |
| Fixed (A) | For every 10,000 or part thereof (B) | |
| Up to 1, 00, 000 | 5,000 | N.A. |
| More than 1,00,000 up to 5,00,000 | For 1,00,000 = 5,000 (+) | (X/10,000)*400 |
| More than 5,00,000 up to 10,00,000 | For 5,00,000 = 21000 (+) | (Y/10,000)*300 |
| More than 10,00,000 up to 50,00,000 | For 10,00,000 = 36000 (+) | (Z/10,000)*300 |
| More than 50,00,000 up to 1,00,00,000 | For 50,00,000 = 1,56,000 (+) | (A/10,000)*100 |
| More than 1,00,00,000 | For 1,00,00,000 = 2,06,000 (+) | (B/10,000)*75 |
Where,
| X = TOTAL CAPITAL- 1,00,000 | |
| Y = TOTAL CAPITAL- 5,00,000 | |
| Z = TOTAL CAPITAL- 10,00,000 | |
| A = TOTAL CAPITAL- 50,00,000 | |
| B = TOTAL CAPITAL- 1,00,00,000 |
Eg:-
Increase in Authorised Capital From 5,00,000 to 2,00,00,000
| Cost upto First 1,00,00,000 | 2,06,000 |
| For Next 1,00,00,000 | 75,000 |
| Total For 2,00,00,000 | 2,81,000 |
| Less: For 5,00,000 | 21,000 |
| Concerned Fee | 2,60,000 |
Increase in Authorised Capital From 5,00,000 to 5,00,00,000
| Cost upto First 1,00,00,000 | 2,06,000 |
| For Next 1,00,00,000 | 3,00,000 |
| Total For 5,00,00,000 | 5,06,000 |
| Less: For 5,00,000 | 21,000 |
| Concerned Fee | 4,85,000 |
Total Fees and Stamp Duty
| Increase in Authorised Capital From 5,00,000 to 2,00,00,000 | 2,99,000 |
| Increase in Authorised Capital From 5,00,000 to 5,00,00,000 | 5,84,000 |
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If authorized share capital exceeds Rs.250 Crores then no stamp-duty is payable as per Maharashtra Stamp Act? If yes, then under which Article?