E-stamping


e-Stamping is a computer-based application and a secured way of paying non-judicial stamp duty to the government. e-Stamping is currently operational in the states of Haryana, Odisha, Gujarat, Karnataka, NCR Delhi, Bihar, Assam, Tamil Nadu, Rajasthan, Himachal Pradesh, Andhra Pradesh, Uttarakhand, and the union territories of Dadra & Nagar Haveli, Daman & Diu Puducherry, Jharkhand and Uttar Pradesh, West Bengal, Chhatisgarh. The prevailing system of physical stamp paper/franking is being replaced by E-stamping system. Stock Holding Corporation of India Limited has been promoted by all India public financial institutions and insurance majors. SHCIL is known for its security, integrity, :wikt:network|network and focus on technology. SHCIL is the only Central Record Keeping Agency appointed by the Government of India. The CRA is responsible for user registration, Imprest Balance Administration and overall E-Stamping application operations and maintenance. CRA will appoint ACCs who will issue certificates to the clients at their counters.
There are ACC authorized centers from respective state governments. In case of karnataka, commissioner of stamps issues license to co-operative and credit co-operative societies, who are authorized to sell e-stamps. There are various online e-commerce portals like VATA e-stamp and rental agreements which sell e-stamps online and deliver them at the door step for one or more states.

Benefits