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Kedar Naniwadekar --> 29 October 2015
Calculation of stamp duty for trademark assignment deed
What is the stamp duty for Trademark Assignment Deed and how is the stamp duty calculated for the same? Also what is the procedure for registration of Trademark Assignment Deed? I have been given 2 different advices 1) the stamp duty shall be 0.1% of the total value if the value is below Rs. 10 Lakhs and 0.2% if the total value is above Rs. 10 Lakhs; and 2) the stamp duty shall be 3% of the total value.
1 Replies
Priyanka Kulkarni (Advocate and Intellectual Property Attorney Solicitor (England and Wales) (NP)) --> 30 October 2015
Being lawyer, first you need to check the relevant jurisdiction and decide which stamp Act applies e.g. Maharashtra Stamp Act (previously Bombay Stamp Act) and then read the relevant provision.
You may contact me at [email protected]
Priyanka Kulkarni
IP Attorney and Solicitor of England and Wales( NP)
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IMAGES
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of assignment is not specified, it will be deemed to be five years from the date of the assignment. If no territory is specified, the assignment is presumed to extend to India only. Patents The Patents Act does not specifically provide for the assignment of future patent rights. However, the parties can provide for such assignment by way of a ...
Assignments, Mergers, and Transmissions of trademarks. Trademarks, like all intellectual property, are an integral part of a modern business’ assets. It is not uncommon nowadays for the value of a business’ IP to far exceed its physical assets. Like any asset, trademarks can also be bought, sold, and transferred between entities.
Also what is the procedure for registration of Trademark Assignment Deed? I have been given 2 different advices 1) the stamp duty shall be 0.1% of the total value if the value is below Rs. 10 Lakhs and 0.2% if the total value is above Rs. 10 Lakhs; and 2) the stamp duty shall be 3% of the total value. Reply Follow.