What is E-Stamp ?
An e-Stamp is an electronic version of a traditional stamp paper used in India for payment of stamp duty to the government. It is a secure and efficient method for stamping documents, and it is typically used for legal agreements, affidavits, and other official documents. The e-Stamp system is managed by the Stock Holding Corporation of India Limited (SHCIL) and authorized by state governments.
Benefits
- Time-Saving : Reduces the time required for obtaining and using stamp papers.
- Accessibility: e-Stamping services are available through authorized collection centers and online portals.
- Cost-Effective : Eliminates the middleman and potential overcharging for physical stamp papers.
- Traceability : Provides a clear audit trail for all transactions, ensuring transparency.
Process
Application Form
Fill out the application form with details such as the purpose of the stamp duty, names of parties involved, and the amount of stamp duty.
Identity Proof
Submit a valid government-issued ID such as an Aadhaar card, PAN card, or passport.
Address Proof
Provide address proof like utility bills or a rental agreement.
Transaction Details
Provide the details of the transaction or agreement for which the e-Stamp is being purchased.
Payment
Make the payment for the stamp duty online or through bank transfer and obtain the receipt or confirmation.
Documents Required
- Application Form : Filled out with details such as the purpose of the stamp duty, names of parties involved, and the amount of stamp duty with transaction details.
- Identity Proof: Aadhaar card, PAN card, passport, or any other government-issued ID of the purchaser.
- Address Proof : Utility bills, rental agreement, or any other valid address proof of the purchaser.
- Payment Proof : Receipt or confirmation of payment for the stamp duty, if paid online or through bank transfer.
Our Support?
- Filling out the application form correctly.
- Guiding you on the required documents.
- Facilitating the payment of stamp duty.
- Providing support through authorized collection centers and online portals.
Frequently Asked Questions
The validity of an e-Stamp varies depending on the state and the nature of the transaction. It is typically valid for a specific period as determined by the state government.
Yes, e-Stamps can be canceled, but the process and conditions vary by state. You may need to provide specific reasons for the cancellation and follow the required procedures.
E-Stamps are generally used for legal documents like sale deeds, lease agreements, affidavits, and more. However, some documents may still require traditional stamp papers depending on state regulations.