Table of Contents
What is the use of 50 rupees stamp paper?
General Power of Attorney/Agreement
Stamp Paper of Rs. 50 for General Power of Attorney/Agreement. Stamp Paper of Rs. 100 for Indemnity Bond, Guarantee Bond.
Can we use a 100 RS stamp in a money agreement?
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.
Can we print on both sides of stamp paper?
A2A. Yes you can write on both sides of a non judicial stamp paper. There is no restriction in this respect.
What is the value of Rs stamp paper?
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.
What is the value of 10 RS stamp paper?
First of all any agreement is valid on stamp paper of rupees fifty . Agreement on rupees ten is not valid. Rupees ten stamp paper is for affidavits and declarations only.
What is the difference between Rs 50 and Rs 100 stamp?
Whereas to purchase one Rs. 100 stamp, you have to service charge once. Service charge for Rs. 50 and Rs. 100 stamp paper is Rs.10 per paper. In two Rs. 50 paper, you need to print the content twice and sign at all pages twice. Whereas in Rs. 100 paper, you have to print content once and sign at all pages once.
How much is service charge for stamp paper in India?
To purchase two Rs. 50 paper, you have to pay service charge to stamp vendor twice. Whereas to purchase one Rs. 100 stamp, you have to service charge once. Service charge for Rs. 50 and Rs. 100 stamp paper is Rs.10 per paper. In two Rs. 50 paper, you need to print the content twice and sign at all pages twice.
What is the amount of stamp paper required for power of attorney?
Stamp Paper of Rs. 10 used for Affidavit, Declaration, Undertaking etc. Stamp Paper of Rs. 20 for Special Power of Attorney. Stamp Paper of Rs. 50 for General Power of Attorney/Agreement. Stamp Paper of Rs. 100 for Indemnity Bond, Guarantee Bond.
How much is the stamp value of an agreement in India?
The standard stamp value is Rs. 100/-, execute the agreement in non-judicial stamp paper. non-judicial stamp paper available at co-operative bank, near property registration office and local court. Get the contract notarized by notary public.