Hey boss.

Are you sure your quotation does not require stamp duty?

Many businesses assume that quotations never involve stamp duty, because they are not considered agreements.

But in certain situations, a quotation may attract stamp duty depending entirely on how it is prepared.

For example, stamp duty considerations may arise when:

📌 The quotation is accepted and signed

📌 The document creates clear obligations between parties

📌 The terms bind both parties to fixed conditions

⚠️ In such cases, the document may effectively function as an agreement, which could make it subject to stamp duty.

During an audit, tax authorities generally look at the substance of a document — not just its title.

If a document is later treated as an agreement, businesses may need to deal with:

•  late stamping penalty
•  additional duty

Understanding these situations early can help businesses avoid unnecessary compliance issues.

Join our upcoming webinar and learn how to manage stamp duty requirements correctly.

In this session, we will share practical insights on Stamp Duty compliance, including common document situations many businesses overlook.

📅Date: 9 April 2026

⏰ Time: 2:00 p.m. to 4:00 p.m.

💻 Platform: Zoom