Stamp Duty on LLP Agreement | State-wise List

The final step for an LLP Registration is to file the LLP agreement with the MCA (Corporate Affairs Ministry) after duly signed by the partners  However, failing to do so within 30 days of receiving the incorporation certificate results in an ₹ 100/- fine per day. Also, Stamp Duty on LLP agreement is based on the capital input from partners and incorporation state.

 

Here is the of Stamp Duty on LLP Agreement payable in all states:

Name of States	Up to ₹ 1,00,000	₹1,00,000 - ₹5,00,000	₹5,00,000 - ₹ 10,00,000	₹ 10,00,000 and more
AP (Andhra Pradesh)	₹ 500/-	₹ 500/-	₹ 500/-	₹ 500/-
Arunachal Pradesh	₹ 100/-	₹ 100/-	₹ 100/-	₹ 100/-
Assam	₹ 100/-	₹ 100/-	₹ 100/-	₹ 100/-
Bihar	₹ 2,500/-	₹ 5,000/-	₹ 5,000/-	₹ 5,000/-
Chhattisgarh	₹ 2,000/-	₹ 2,000- ₹ 5,000/-	₹ 5,000/-	₹ 5,000/-
Delhi	1% Capital	1% Capital	1% Capital (Max: ₹ 5,000/-)	1% Capital (Max: ₹ 5,000/-)
Goa	₹ 150/-	₹ 150/-	₹ 150/-	₹ 150/-
Gujarat	₹ 1,000/-	₹ 2,000-₹ 5,000/-	₹ 6,000-₹ 10,000/-	₹ 10,000/-
Haryana	₹ 1,000/-	₹ 1,000/-	₹ 1,000/-	₹ 1,000/-
Himachal Pradesh (H.P)	₹ 100/-	₹ 100/-	₹ 100/-	₹ 100/-
Jammu and Kashmir (J & K)	₹ 100/-	₹ 100/-	₹ 100/-	₹ 100/-
Jharkhand	₹ 2,500/-	₹ 5,000/-	₹ 5,000/-	₹ 5,000/-
Karnataka	₹ 1,000/-	₹ 1,000/-	₹ 1,000/-	₹ 1,000/- + (₹ 500/- For Every 5 Lacs Increase)
Kerala	₹ 5,000/-	₹ 5,000/-	₹ 5,000/-	₹ 5,000/-
Madhya Pradesh (M.P)	₹ 2,000/-	₹ 2,000-₹ 5,000/-	₹ 5000/-	₹ 5000/-
Maharashtra	1% Capital (Minimum of ₹ 500/-)	1% Capital	1% Capital	1% Capital (₹ 15,000/- Max)
Manipur	₹ 100/-	₹ 100/-	₹ 100/-	₹ 100/-
Meghalaya	₹ 100/-	₹ 100/-	₹ 100/-	₹ 100/-
Mizoram	₹ 100/-	₹ 100/-	₹ 100/-	₹ 100/-
Nagaland	₹ 100/-	₹ 100/-	₹ 100/-	₹ 100/-
Orissa	₹ 200/-	₹ 200/-	₹ 200/-	₹ 200/-
Punjab	₹ 1,000/-	₹ 1,000/-	₹ 1,000/-	₹ 1,000/-
Rajasthan	₹ 4,000/- (₹ 50,000/- or below: ₹ 2,000/-)	₹ 4,000- ₹ 10,000/- (₹ 2,000/- on multiple of ₹50,000/-)	₹ 10,000/-	₹ 10,000/-
Sikkim	₹ 100/-	₹ 100/-	₹ 100/-	₹ 100/-
Tamil Nadu (T.N)	₹ 300/-	₹ 300/-	₹ 300/-	₹ 300/-
Tripura	₹ 100/-	₹ 100/-	₹ 100/-	₹ 100/-
UP (Uttar Pradesh)	₹ 750/-	₹ 750/-	₹ 750/-	₹ 750/-
Uttarakhand	₹ 750/-	₹ 750/-	₹ 750/-	₹ 750/-
WB (West Bengal)	₹ 150/-	₹ 150/-	₹ 150/-	₹ 150/-

 

Telangana:

• If the LLP agreement value is up to ₹ 50,000/- then the stamp paper will be ₹ 50/-.
• If the value exceeds ₹ 50,000/- and up to ₹ 2,00,000/-, the stamp paper value is ₹ 100
• If the LLP agreement value surpasses ₹ 2,00,000/- then the value of stamp paper is ₹ 200/-.

 

 

Frequently Asked Questions

 

How to pay Stamp Duty on LLP Agreement?

You can pay it in two ways, by purchasing non-judicial stamp paper or by franking the agreement from the bank. However, as LLP Agreement is a legal document, so it must be printed on Stamp Paper.

 

Should LLP Agreement be notarised?

Yes, an LLP Agreement has the obligation, duties and rights of all partner. Therefore, as proof that all the partners have agreed to the clauses, they must sign it, and the same agreement should be notarised.

 

How do I write an LLP agreement?

The LLP Agreement must state the roles, responsibilities, duties, rights and powers of the partner Also, it must include the capital contribution, profit sharing and objective of the LLP along with all the clauses.

 

When should I file an LLP agreement?

LLP Agreement is filed with the registrar in Form 3 within 30 days of LLP incorporation.

 

Can we pay stamp duty online for the LLP agreement?

No, you cannot pay stamp duty for LLP Agreement online or on MCA Portal. You must pay the stamp duty physically by visiting the notary of your state or area only, because the stamp duty differs for every state and as per the Act of State Stamps. 

 

Also, till the specific Stamp Duty prescribes in the respective Act, the Stamp duty on LLP Agreement pays as per the duty billed on the partnership agreement because of the Finance Bill, 2009.