E-Stamping | E-Stamps
Updated: Aug 22, 2021
Stamp Duty is a Indirect tax that is paid to government, It is paid on the sale of immovable property and on all types of legal documents. It can be paid either before execution of the document or on the day of execution of the document. It must be paid in full and on time to the Government. In case of delay in payment of stamp duty, penalties are imposed. A stamp duty can either be paid by Stamp Paper, E-Stamp Paper and Franking.
E-stamps or Electronic Stamp paper is electronically generated stamp papers, through which one can pay Non-Judicial stamp duty to the Government.
Non-Judicial Stamp Papers are used in matters which concern transactional arrangements between parties and are not judicial in nature, such as an agreement to sell, stamp duty on property, rent agreements, sale deed, affidavit, business agreements, transfer of property and others.
E-Stamps were introduced in 2013 in a bid to reduce instances of counterfeits, human errors in the stamp paper process, and also to simplify the process.
The Stock Holding Corporation of India Limited (SHCIL) is the Central Record Keeping Agency (CRA) for all e-stamps used in the country. It undertakes all the operation for User Registration, Imprest Balance Administration and overall e-Stamping Application Operations and Maintenance.
In which States and Union Territories is e-Stamping is currently operational ?
e-Stamping is currently operational in the States/UTs of Gujarat, Karnataka, NCT Delhi, Assam, Tamil Nadu, Rajasthan, Himachal Pradesh, Uttarakhand, UT of Dadra & Nagar Haveli, UT of Daman & Diu, Puducherry, Uttar Pradesh, Chhattisgarh, Punjab, Chandigarh, Odisha ,Andhra Pradesh, Bihar, Andaman & Nicobar, Tripura , UT of Ladakh and Jammu & Kashmir.
Where to get the e-stamp from ?
Check from the list of states and if e-stamping is available in the state where your applying from.
If an option for e-stamping is available in your state, download the form.
Fill the form with the details of both the parties, that are involved in the transaction
Visit the Authorised Collection Centre, the list of ACC are mentioned in the website based on the state wise.
Submit the form and complete the payment for the stamp duty at ACC. Payment an be done through Cash, Cheque, Demand Draft, Pay Order, RTGS, NEFT
Upon submission of duly filed form and payment, your e-stamping certificate will be generated instantly and handed over.
What are the benefits of E-Stamp Certificate ?
Easy to access and can be generated within minutes. One can get the e-stamp paper from Authorised Collection Centres such as Post Office and Scheduled Banks.
E-Stamp Certificate are tamper proof and carry a Unique Identification Number, ensuring there is no tampering with the original document.
Authenticity of the stamp certificate, can be checked online on the SCHIL website.
Specific denomination is not required.
What happens, if you lost the original e-stamp copy ? A duplicate copy of the stamp paper can't be issued. As every e-stamp paper is unique.
Can a e-stamp certificate be cancelled ?
Yes, For cancellation you need to get in touch with the Competent Authority at the Stamp Office appointed by the State Government.
How to verify an e-stamp ?
One need to visit the SCHIL website and visit the verify certification section, the below details need to be filled in to complete the process .
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