Is it required to pay Stamp Duty for the contracts of traffic and insurance that are taken by the public by means of a service procurement tender?
Yes. There is no Stamp Duty exemption for the vehicles whose traffic insurance policy was made by means of a service procurement tender. The Stamp Duty resulting from the agreement related to the tender must be paid.
Source :ISMMMO
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither KarenAudit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.