Non-judicial stamp papers play a significant part in Indian legal documents and transactions. For a number of legal transactions, including property transfers, affidavits, agreements, and more, these documents are utilized to pay the stamp duty that is necessary. Finding the ideal place to purchase non-judicial stamp paper, however, can be a difficult task for many. This blog post will discuss the varieties of stamp papers that are offered, and where you can get non-judicial stamp papers in India, This post will therefore make it easier for you to get non-judicial stamp documents whether you’re a business owner, or a person wishing to conduct a legal transaction.
What Is Non-Judicial Stamp paper?
Non-judicial stamp papers are those that would be used to execute documents. For example, all types of property transfer documents, lease documentations, affidavits, etc.
Every transaction will have a specific amount of stamp duty fixed by the state.
Non judicial stamp papers carry a stamp duty. The amount of this stamp paper is determined by the type of transaction decided by the state.
The different Denomination of Non-Judicial Stamp paper are from Rs. 10, 20, 50,100, 500, 1000, 5000, 10000, 15000, 20,000, and others.
Difference between Non-judicial Stamp paper & Judicial paper
People gets really confused between non-judicial and judicial stamp papers. Here we will try to clear the confusion between both legal documents.
Non-judicial stamp papers
Stamp paper that is used for the execution of documents is called Non-judicial stamp papers. Something which has a relation to the administration of justice, judicial papers are used. Things with which is related to the transfer of property, commercial agreements, Power of Attorney etc, Non-judicial stamp papers are used.
Judicial paper
A type of paper which is used for paying court fees in legal cases is a judicial paper. Judicial papers are used exclusively for court proceedings, as opposed to non-judicial stamp papers, which are used to pay stamp duty for a variety of legal documents and agreements.
What is the use of Non-judicial stamp paper in India?
- Affidavit
- An immovable property agreement like a online rental agreement, lease agreement, or Sale agreement of property
- Power of Attorney (POA), General power of Transfer attorney (GPA), Special power of attorney (SPA)
- Business agreements like partnership agreement, Investment agreement, loan agreement, etc.
Where to get Non-Judicial Stamp Paper?
Non-judicial stamp papers are available near you at the following places :
- Court
- Sub-registrar
- Authorized stamp vendors
- Online Platforms
You can get non-judicial stamp paper from the court, sub-registrar office, and authorized stamp vendors. Talking about the online platforms, edrafter.in is one of the reliable platforms where one can get an e-stamp paper for almost any state in India. The process of getting stamp paper from this platform is extremely easy and they have professionals to provide customer support.
What is an e-stamp paper?
E-stamp paper is a process where the stamp duty is electronically paid to the Government. The Government has replaced the traditional method with an automated strategy to verify a fast and trouble-free payment process.
With technology taking over, the government started the e-stamping service, an electronic and secured method to pay non-judicial stamp duty to the government. The government took this initiative to reduce errors and substitutes. You can get your documents e-stamped, pay an Indian e-stamping fee online, and can verify the e-stamp as well.
What information do you need to write on an e-stamp paper?
Following is the required information that one needs to write on a non-judicial stamp paper
- Purpose
- 1st party name [include buyer]
- 2nd party name [include purchaser]
- Stamp duty value
- Name of Purchaser
Can a Non-judicial stamp paper be used in Court?
Agreements made on plain paper are not truly invalid in the eye of the law. But it is always better to prepare them on stamp paper so as to avoid ensuing procedural difficulties and payment of penalty.
The only problem with an agreement made not on prescribed stamp paper is that it cannot be produced in court as evidence or acted upon by a public officer unless it is cured by paying stamp duty and a hefty penalty.
Can Stamp paper be used for multiple purposes?
No, Stamp paper cannot serve more than one purpose. When you buy stamp paper, it is meant to use for a certain transaction or use. Typically, the stamp paper is used to cover the cost of the stamp duty for the particular agreement or document that it is being used for. The stamp paper cannot be used again after being used for a specific transaction.
Conclusion
In conclusion, non-judicial stamp papers are an essential part of legal transactions in India. Purchasing the right stamp paper from a reliable source is crucial to ensure that the transaction is legally valid and binding. In this blog post, we have discussed various options available for obtaining non-judicial stamp papers, including licensed stamp vendors, authorized banks, and online portals.
