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Stamp Paper and Franking Overview
Stamp duty is a tax that is levied on legal documents, including those
that involve the sale of immovable property. The amount of stamp
duty could either be fixed or it could be a percentage of the sale value
in the case of property documents.
It is mandatory to pay stamp duty for a legal document and you can
be fined if you don’t pay it.
Franking, on the other hand, is a process that is used to stamp the
legal document. This is the process used to affix any type of mark or
stamp to a paper to indicate that the stamp duty has been paid.
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Stamp Papers/ E Stamp Paper
There are majorly two kinds of stamp paper
Judicial that is used for legal and court work;
Non-judicial that is used for registration of various documents, insurance
policies, etc.
Judicial Stamp Papers:
In matters between parties, which concern court proceedings, the
parties have to file various affidavits and petitions; the courts levy duty
on these filings for the purpose of meeting expenses incurred in the
functioning of the court.
Judicial Stamp Papers are Stamped Papers and duty payable is to the
courts for the purpose of payment of court fee and other matters
expressly judicial matters
Non Judicial Stamp Papers:
Non-Judicial Stamp Papers are used in matters which concern
transactional arrangements between parties that are not judicial in
nature, such as an agreement to sell, affidavits, lease agreement,
amendment in the article of association, etc.
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Franking
Franking, is a process of actually getting the documents stamped.
This process includes getting the documents marked or stamped,
indicating that the documents are legal and the stamp duty levied on
the documents has been paid.
For this, we have to first prepare the documents. These documents
are then taken to a Bank, or franking centre. Once the stamp duty is
paid, the centre will mark the documents to indicate that the stamp
duty has been paid. This process is called franking. The said
documents need to be signed after franking them.
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SuperSeva Managed Solution
Procurement of Stamp Printing / Scanning Of
Paper/ Franking Document
Document/ Notary Service
Pick and Delivery of Managing Payment to
Documents/ Stamp Paper Vendor
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Benefits with SuperSeva
PAN India Large Fleet Network Account Web Tools for
Presence of of Manager Track Orders,
+ Field Reliable for Delivery, TAT,
20 Years Executive Vendors Each Client Expense etc.
Experience
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Process Flow - Normal
Request Raised by Client Through App/ Email as
per prescribed format before 4 PM
Account Manager Assigns Back End Executive
for processing order
TAT
Back End Executive process the order next day 48 Hours/ Next
and coordinate with field executive 2 Working Day
Client Receives Confirmation Once the
Procurement is done
Client Receives Hard copy and scanned copy ( If
required) Next Working Day
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© 2019 SuperSeva Services Pvt. Ltd. All rights reserved.
Process Flow - SOS
Request Raised by Client Through App/ Email as
per prescribed format before 4 PM
Account Manager Assigns Back End Executive
for processing order
TAT
Back End Executive process the order next day
24 Hours/ Next and coordinate with field executive
Working Day
Client Receives Confirmation Once the
Procurement is done
Client Receives Hard copy and scanned copy ( If
required) Same Day
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Team Support
Client
Account Manager COO CEO
Operations Manager
Back end executive
Field Executive
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Clients
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Thank You !
Contact
Mob : +91- 9686 999 844 / + 91 - 78290 35353
[email protected]
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