In our last post we learnt about the different modes of paying stamp duty in India. But are all these modes of digitally stamping electronic documents legally recognised in India? YES. Let’s see how.
Digital Stamping - points to keep in mind
Before we start exploring the legality of digital stamping in India, it is important to reiterate certain key points.
1. Stamp duty must be paid even when you are executing the digital version of an instrument. This has been expressly clarified by certain states such as Maharashtra, Karnataka, Gujarat, Kerala, Rajasthan etc.
1. E-stamping in Haryana
This mode of digital stamping derives its legal validity from the Haryana Stamp (Payment of Duties by Means of Online E-Stamping) Rules, 2017.
2. NeSL (National e-Governance Services Limited)
3. BharatStamp
With fully legal digital stamping methods available now, say goodbye to haggling with stamp vendors, spending time on expense management and the risks associated with physical paper.
