Question: What Is The Value Of 50 Rupees Stamp Paper?

What is the value of stamp paper?

Non-judicial stamp papers are generally used for the execution of documents like sale deed, power of attorney, affidavits, rent agreement, transfer of property like building, mortgage, land, or other relevant agreements.

The value of non-judicial stamp papers at present of Rs.

100, Rs.

500, Rs..

Is Rs 100 paper stamp necessary?

Agreements made on white paper are valid. so an agreement made on 100 rupees stamp paper can surely be valid if it fulfills all other conditions under the law and as per the law. But, if the agreement requires to be stamped and registered then it cannot be used as an evidence of proof before a Court of law.

What is the validity of 100 RS stamp paper?

Section 54 of the Act provides that a person possessing a stamp paper for which he has no immediate use can seek refund of the value by surrendering it to the collector within six months of purchasing it. This validity is only for the purpose of seeking refund of unused stamp paper and not for using it.

What is stamp paper size?

The stamp paper is a foolscap-size blank paper that’s printed with a revenue stamp like the one imprinted on currency notes or postal stamps. It is issued by the Government and usually carries a stamp paper value of Rs. 10, Rs. 20, Rs.

Why it is called non judicial stamp paper?

Stamp papers which would be used in courts like for payment of court fees is Judicial stamp paper. Stamp papers which would be used for execution of documents are called non judicial stamp papers. Something which has relation to the administration of justice, judicial papers/stamps are used.

How can you tell if stamp paper is real?

How to verify the Authenticity of e-Stamp Paper?STEP 1- Open Website shcilestamp.com.STEP 2- After that Click on “Verify e-Stamp Certificate”STEP 3- Fill the Required Details. Details Include: State. Certificate Number(UIN) Stamp Duty Type(Description of Document) Certificate Issue Date. 6 character alphanumeric string.

Can stamp paper date be later than agreement date?

For Karnataka / Bangalore: We offer customize rent agreement service in Bangalore, Our service includes customize draft agreement + rent agreement execution + lawyer notary + home deliver. NO you cannot back date a agreement on stamp paper of todays date. that would just make the agreement void.

What is the use of 50 RS stamp paper?

Originally Answered: what is the use of Rs. 50 non judicial stamp paper? The Stamp Act prescribes the value of the stamp to be affixed of engrossed for specific purpose, else it will be treated undervalued, can not be used as evidence before law unless party seek use it pay the deficient stamp duty with penalty.

Is 100 RS stamp paper valid for rent agreement?

For rental agreements made for a tenancy period of 11 months or less, a stamp paper of Rs 100 or Rs 200 can be utilized. Along with this, a stamp duty i.e. equals the lesser of 1% of the total rent plus the deposit paid annually or Rs 500 is also payable.

How is stamp paper value calculated?

Consideration value is the total amount involved in any purchase/sale transaction agreed between two parties. For example, if the agreement value of your flat is Rs 60 lakh and the circle rate is Rs 50 lakh, then, the stamp duty would be computed on the higher value, i.e., Rs 60 lakh.

Does affidavit expire?

Time. A notarized document like an affidavit is valid for its contents up to infinity. … Therefore, these affidavits will not expire because there is no expiry date for the affidavits that has signature properly and publishes with accurate evidence. There is no period of validity to an affidavit.

How do I return unused stamp paper?

As per Section 54 of the Indian Stamp Act, if you do not have any immediate use of a stamp paper, then you can deposit it back to the collector within six months from the date of purchase and take back your money as a refund after deduction of 10 paise per rupee.

Can we write on back side of stamp paper?

Yes you can write on both sides of a non judicial stamp paper. … non judicial adhesive stamps are affixed on a document to make it a valid non judicial stamp paper. Said tickets hardly consume any space and rear side of the paper is blank, hence one can continue writing if the back side.

Is 20 RS stamp paper valid for rent agreement?

Customarily, a stamp paper of Rs 20 – Rs 100 can be utilized for a rent agreement of an 11-month duration.

What is the use of 20 RS stamp paper?

Stamp Paper of Rs. 10 used for Affidavit, Declaration, Undertaking etc. Stamp Paper of Rs. 20 for Special Power of Attorney.

What is importance of stamp paper?

Stamped paper has been widely used around the world to collect taxes on documents requiring stamping, such as leases, agreements, receipts, court documents and many others.

What is the use of 10 RS stamp paper?

Rupees ten stamp paper is for affidavits and declarations only. However validity of the agreement does not depend upon stamp paper , it totally depends upon the tenure mentioned in the agreement.

How long is stamp paper valid for?

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.