What is e-Stamping?
e-Stamping is a Computer based Application and a secured way of paying Non-Judicial stamp duty to the Government.
What is Stamp Duty?
It is the type of tax collected by the state of Government.
What is Unique Identification Number (UIN)?
UIN is a unique system generated number mentioned on the e-Stamp Certificate. Anybody, having the Unique Identification Number can check the authenticity of the Certificate through SHCIL.
How can I verify the authenticity of an e-Stamp?
Authenticity of e-Stamp can be verified through these Steps:
1. Open website shcilestamp.com
2. After that Click on “Verify e-Stamp Certificate
3. Fill the Required Details.
Details include:
1. State
2. Certificate Number(UIN)
3. Stamp Duty Type(Description of Document)
4. Certificate Issue Date
5. 6 character alphanumeric string
Is only First Party can be the purchaser of e-Stamp Paper?
No, e-Stamp Paper can be purchased either by First Party or by Second Party.
Who covers under Second Party?
Second Party can be Tenant, Vendee, Transferee, Donee etc.
What is Consideration Amount?
Consideration amount is the total value of funds involved in any purchase/sale transaction entered between two or more parties.
Is it possible that more than one person can purchase a single e-Stamp Paper, If yes than whose name will appear on e-Stamp Paper?
Yes, it is possible to purchase a single e-Stamp Paper on the names of more than one person and the format of names on e-Stamp Paper will be like:
First person Name & Others
What is meant by Description of Document?
Description of Document means the Purpose for which you are purchasing the e-Stamp paper. Description of Document includes Affidavits, Indemnity Bond, Rent Agreement etc.
Adrika Mishra – Content Writer
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