What is the use of 25000 stamp paper?
Judicial Stamp Papers are used for transactions with judiciary in Civil and Criminal Courts. Their denominations can be Rs. 20, 50, 100, 500, 1000, 5000, and 25,000. Non-Judicial Stamp Papers are used for paying tax or any transactions concerning taxes.
Can I use a 20 RS stamp paper for an agreement of 5 lakh rs?
20/- Stamp Paper is Valid. 5 lakhs for selling the house. It was written in the agreement that the buyer should settle the remaining amount (i.e.60 lakhs) within 3 months from the date of giving advance money (16.06.
What are the types of stamp paper?
Types of stamp duty
- Non-Judicial Stamp Papers. These refer to traditional or non-judicial stamp paper, used for sale deeds, transfer of immovable property, affidavits, agreements, deeds, wills, etc.
- e-Stamping.
- Franking.
- Notary Stamps.
- Revenue Stamps.
- Hundi Paper.
- Court Fees Stamps.
- Judicial Stamps.
How many types of stamp paper are there in India?
6. What are the different denomination of Non-Judicial Stamp papers available? The different Denomination of Non Judicial stamps Stamp papers are from Rs. 10, 20, 50,100, 500, 1000, 5000, 10000, 15000, 20,000, 25,000.
How long is stamp paper valid?
The Court concluded by stating that there is no impediment in using a stamp paper which may have been purchased more than six months prior to its use in a document. Thus, as can be deduced from above, a stamp paper does not have any expiration date and can be used for execution of a document at any time.
What is the value of 50 rupees stamp paper?
50 for General Power of Attorney/Agreement. Stamp Paper of Rs. 100 for Indemnity Bond, Guarantee Bond.
What is stamp paper India?
A stamp paper is an A4 (foolscap) piece of paper that is pre-printed with a revenue stamp same as the one printed in currency notes or postal stamps. These stamp papers are generally issued by the Government and usually carry the certain value of Rs. 10, Rs. 20, Rs. 50, Rs.
What is the validity of 200 RS stamp paper?
A stamp paper does not have a validity date once stamp duty is paid it is valid for ever as per the supreme court decision earlier there was a misconception that it is valid for 6 months but once the stamp paper is purchased it can be used anytime.
