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Types of Stamp paper and uses in india

In India, there are five main types of stamp papers, each serving distinct legal and financial purposes:

1. Judicial Stamp Paper (Court Fee Stamp)

·       Uses: Court-related legal proceedings

o   Paying court fees for civil and criminal cases

o   Petitions, wills, and affidavits submitted to courts

o   Legal documents requiring judicial validity

2. Non-Judicial Stamp Paper

·       Uses: Most common type for non-court transactions

o   Sale deeds (property/land purchase)

o   Rental/lease agreements

o   Affidavits, power of attorney, mortgages

o   Loan agreements, bonds, undertakings

o   Contracts and declarations

3. E-Stamp Paper (Digital)

·       Uses: Digital alternative to physical stamps

o   replaces traditional stamp papers

o   Online legal and financial transactions

·       Obtained: Through authorized vendors or online portals

4. Revenue Stamp

·       Uses: Indicating payment of duty/tax

o   Receipts of payment

o   Monetary transactions

o   Sixes, licenses, firearm registrations, medicines,

·       Size: Smaller than other stamp papers

5. Franking

·       Uses: Electronic stamp duty payment

o   Documents stamped electronically at authorized banks/franking agencies

o   Alternative to physical stamp papers

Key Note: Judicial stamps are for court proceedings, while non-judicial stamps cover contracts, agreements, and property transactions

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