Table of Contents
Introduction
Discover the seamless way to obtain stamp papers online through eSahayak. With our efficient service, you can receive your required stamp papers within 15 minutes of placing your order. Whether you prefer a digital copy or a hard copy, we’ve got you covered. Experience the convenience of quick delivery and hassle-free procurement of your stamp paper needs.
The Indian Stamp Act, 1899
The Indian Stamp Act, 1899 is a legislation that governs the levy and collection of stamp duty in India. It is a central act, but the states are also allowed to levy additional stamp duty on certain instruments.
In West Bengal, the Indian Stamp Act, 1899 is supplemented by the West Bengal Stamp Act, 1999. This act prescribes the rates of stamp duty for various instruments, such as sale deeds, mortgage deeds, lease deeds, power of attorney, etc.
Here are some of the key provisions of the Indian Stamp Act, 1899 for West Bengal:
- Instruments chargeable with stamp duty: The act lists various instruments that are chargeable with stamp duty. These include sale deeds, mortgage deeds, lease deeds, power of attorney, etc.
- Rates of stamp duty: The act prescribes the rates of stamp duty for various instruments. The rates vary depending on the nature of the instrument and the value of the property involved.
- Liability to pay stamp duty: The act provides that the person who executes an instrument is liable to pay the stamp duty. However, in some cases, the stamp duty may be paid by another person, such as the transferee in a sale deed.
- Admissibility of unstamped instruments: The act provides that an unstamped instrument is inadmissible in evidence. This means that it cannot be used as proof in a court of law.
- Penalties for non-payment of stamp duty: The act provides for penalties for non-payment of stamp duty. These penalties can include fines and imprisonment.
Stamp Duty in West Bengal
| Document | Explanation | Stamp Duty |
|---|---|---|
| Acknowledgement of a debt | A written acknowledgment of owing a debt. | Rs. 10 per Rs. 100 of the amount acknowledged |
| Administration Bond | A bond filed by administrators of an estate. | Rs. 5 |
| Adoption Deed | Legal document formalizing the adoption of a person. | Rs. 10 |
| Affidavit | A written statement of facts sworn to be true. | Rs. 1 |
| Appointment in Execution of Power | Document appointing someone to execute a power. | Rs. 15 |
| Appraisement or Valuation | Document relating to the appraisal or valuation of property. | Rs. 5 |
| Apprenticeship Deed | Agreement outlining terms of an apprenticeship. | Rs. 5 |
| Articles of Association of a Company | Document detailing regulations for a company’s operation. | Rs. 25 |
| Articles of Clerkship | Document related to a clerk’s articles of training. | Rs. 250 |
| Award | Legal decision or judgment by an arbitrator. | Varies depending on the amount of the award |
| Bill of Exchange | Written order to pay a certain amount to a specific party. | Varies depending on the amount of the bill |
| Bond | Agreement with specified financial obligations. | Varies depending on the type of bond and the amount secured |
| Bottomry Bond | Bond related to maritime law, involving ship and cargo. | Rs. 2.5 on every Rs. 500 |
| Cancellation | Document cancelling a previous agreement or transaction. | Rs. 5 |
| Certificate of Sale | Document certifying the sale of property. | Rs. 5 on Every Rs. 500 |
| Certificate or Other Document | General term for various types of certificates. | Rupee 1 |
| Charter Party | Agreement for hiring a whole or part of a ship. | Varies depending on the value of the goods or services to be transported |
| Composition Deed | Agreement settling terms of debt repayment. | Rs. 10 |
| Conveyance | Transfer of property ownership. | Varies depending on the value of the property conveyed |
| Conveyance in the nature of part performance | Conveyance showing partial transfer. | 90% of (Rs. 5 on Every Rs. 500) |
| Copy or extract | Duplicate copy or extract of a document. | Rupee 1 |
| Counterpart or duplicate | Duplicate or counterpart of an original document. | Rupee 1 |
| Customs Bond | Bond related to customs duties or taxes. | Varies depending on the value of the goods imported or exported |
| Debenture | Document evidencing a loan or debt. | Varies depending on the amount of the debenture |
| Divorce | Legal dissolution of a marriage. | Rupee 1 |
| Entry as an advocate, vakil, or attorney on the roll of any high court | Enrolment as a legal practitioner. | Rs. 500 (Advocate/Vakil), Rs. 250 (Attorney) |
| Exchange of Property | Transfer of property through exchange. | Varies depending on the value of the property exchanged |
| Further Charge | Additional charge on an existing mortgage. | Varies depending on the amount secured by the charge |
| Gift | Transfer of property as a gift. | Rs. 5 on Every Rs. 500 |
| Indemnity Bond | Bond ensuring compensation for loss or damage. | Varies depending on the amount of the indemnity |
| Lease | Legal agreement for property use. | Explained Here |
| Letter of allotment of shares | Letter confirming allocation of shares in a company. | Rupee 1 |
| Letter of Credit (Letter of Guarantee) | Financial instrument to ensure payment to a third party. | Rupee 1 |
| Letter of License | Document granting a license for certain actions. | Rs. 10 |
| Memorandum of association of a company | Legal document outlining company’s constitution. | Rs. 40 |
| Mortgage Deed | Document related to mortgage of property. | Varies depending on the value of the property mortgaged |
| Mortgage of a crop | Mortgage of agricultural produce or crop. | NA |
| Notarial Act | Act performed by a notary public, often involving oaths. | Rupee 1 |
| Note or Memorandum | Written note or memorandum of a transaction. | Rs. 10 |
| Order for the payment of money | Official order for the payment of a certain amount. | Rupee 1 |
| Partition | Document related to the partition of property. | NA |
| Partnership Deed | Agreement outlining terms of partnership. | Rs. 10 |
| Dissolution of Partnership | Document regarding the dissolution of a partnership. | Rs. 5 |
| Power of Attorney | Authorization to act on someone’s behalf. | Rupee 1 apart from attorney to sell any immovable property |
| Protest of Bill or Note | Formal declaration of dishonor of a negotiable instrument. | Rupee 1 |
| Receipt | Document acknowledging the receipt of money or goods. | Rupee 1 |
| Reconveyance of Mortgaged Property | Transfer of mortgaged property back to the owner. | Rs. 10 |
| Release | Document releasing someone from a claim or obligation. | Rs. 10 |
| Security Bond | Bond providing security against a certain event. | Varies depending on the amount secured by the bond |
| Surrender of Lease | Document surrendering a lease agreement. | Rs. 5 |
How It Works
- Fill in Details: Provide the necessary information like your state, denomination of stamp, and purpose of stamp paper and provide us the information of purchaser. Choose between a digital soft copy or opt for a hard copy if you need doorstep delivery.
- Swift Processing: Once you’ve submitted your details, sit back and relax. Within 15 minutes, you’ll receive the soft copy of the stamp paper on your WhatsApp number.
Why Choose eSahayak for Your Stamp Paper Needs?
Discover the advantages of procuring stamp papers through eSahayak’s service, simplifying your stamp paper procurement process.
- Simpler Than Physically Obtaining Stamp Paper
Skip the queues and save time by obtaining stamp papers online. With eSahayak, the process is streamlined, eliminating the need for physical visits. - Error Avoidance and Editing Convenience
Before placing your final order, our system prompts you to review and reconfirm the stamp paper details. This step minimises the chances of errors and allows for corrections and edits before proceeding. - Timely Availability
With eSahayak, you can count on timely availability. Receive your stamp papers promptly without any unnecessary delays. - Digital Accessibility and Security
Say goodbye to the risk of losing physical documents. eSahayak ensures that your stamp papers are always digitally accessible, providing you with peace of mind. - Nationwide Access from the Comfort of Your Home
No matter where you are in the country, you can place stamp duty orders through eSahayak from the comfort of your home. Our platform is designed to cater to your needs, regardless of your location.
Frequently Asked Questions
Yes, all stamp papers procured through eSahayak are legally valid and comply with the regulations of your state.