A confidentiality agreement is very useful for multinationals, but it is also useful for small businesses, partnerships, individuals and especially start-ups, because everyone has to deal with outside people at some point and entrust them with confidential information during their activities. 1. A contract of sale providing for the transfer of ownership is considered a “transfer” and is stamped accordingly. However, compensation for the tax paid shall be made at the time of performance of the carriage. F27. What are the consequences of non-payment of stamp duty? 2. The assignment of copyright shall be exempt from stamp duty. 4.9 Any person may apply to the stamp collector for a ruling on the stamp duty to be paid on the instrument, which shall determine, where applicable, the fee which may be paid on the instrument. 250/- plus 15% interest for each year or part of the year on the amount of the deficit from the date of presentation of the instrument to the Sub-Registrar. Tax identical to that of a transport, but on the market value of the property which has the highest value Tax identical to that of the transport on the amount guaranteed by the deed Each state in India has a different value of stamp paper.
As a result, depending on the state in which the contract is performed (here confidentiality agreement), the value of the stamp paper is deducted. You can find the value of stamp paper or stamp duty on the websites of the State government. 4.7 Any person who bears and pays stamp duty is the matter of the agreement between the parties. In the absence of such an agreement, the law provides that in the event of a transfer, the tax must be paid by a buyer and, in the case of a lease, by the lessee.. . . .