Stamp Paper Overview
Stamp Paper is sometimes known as the foolscap paper which has already printed revenue stamp.
Stamp Paper is basically not in the form of a post document. Non Judicial Stamp Paper is interestingly paid as per 1889, Stamp Act. However, judicial stamp paper is basically known as the simple 'stamp paper', which is court free.
e-stamp paper, these days are also available online which you can also use for the legal court cases, on the other hand, judicial stamp papers are generally used for the payment of the fee of the court just to avoid the transactions in the court.
Uses of Stamp Paper
- Stamp Paper Has been commonly used across the world for the purpose of tax collection along with the documents which required stamping, for instance, papers for agreement, receipts, documents for court, and for many other purposes as well.
- Stamp Paper is generally blank except for the already printed stamp, which is generally available on stationery shops, offices of the lawyers, almost all the post offices and courts as well as per local regulations.
- Stamp Paper is then filled by the parties according to their legal business and then lodge it with their interested party or the court. This is considered as one of the most efficient ways not just for the collection of tax but also for the stamping of documents as well without any need to submit do any of the other step offices of government.
Difference between a 'judicial stamp paper' and a 'non-judicial stamp paper.'
Judicial stamp paper
- Judicial stamp papers are commonly used for multiple legal purposes for cases of the court. Judicial stamp paper Is also known as court free stamp paper.
- Judicial stamp paper is generally used for the court fee payment, and it is also possible that the respective case might not be accepted or admitted with this payment via Judicial stamp paper.
- So, whenever a civil complaint or any other complaint is requested in court, it is possible that without the payment of court fee, the case might not be accepted.
- It is also not possible to trust the client's amount of claim, so these Judicial stamp papers are used for this purpose to accept the client's amount of claim.
Non-Judicial stamp paper
- Non-judicial stamp papers are Commonly used for the purpose of documentation like for the attorney papers or any other agreement for rent building or land.
- Non-Judicial stamp paper is available from Rs.5 to Rs.25,000.
Conclusion
- As for the conclusion, Stamp Paper is a legal paper used for multiple legislative purposes.