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.
What is the validity of 50 rupees stamp paper?
The Court concluded by stating that there is no impediment in using a stamp paper which may have been purchased more than six months prior to its use in a document. Thus, as can be deduced from above, a stamp paper does not have any expiration date and can be used for execution of a document at any time.
What is the difference between the 10 20 50 and 100 RS stamp paper?
Difference between 10, 20, and 50 Rupees Non-Judicial Stamp Paper. The Government collects the revenue through the sale of Non-judicial stamp paper. Stamp Paper of Rs. 100 for Indemnity Bond, Guarantee Bond.
How much does a stamp paper cost in India?
The different Denomination of Non Judicial stamps Stamp papers are from Rs. 10, 20, 50,100, 500, 1000, 5000, 10000, 15000, 20,000, 25,000. 7.
Can we use two Rs 50 stamp papers instead of 1 Rs 100 stamp paper?
Yes you may. You may use any amount of leaves of stamp papers the total value of which is Rs. 100/-. You can use two Rs.
What is the validity of a non judicial stamp paper?
The stamp paper do not have any EXPIRY period. The stipulation period of 6 months is only for seeking refund of the value of the Stamp paper and NOT of it’s use. There is no IMPEDIMENT FOR A STAMP PAPER PURCHASED MORE THAN 6 MONTHS PRIOR TO THE DATE OF EXECUTION TO BE USED FOR DOCUMENTATION.
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.
How long is stamp paper valid?
Although the use of old stamp paper is valid even after six months of purchasing it, still it is better that you must either deposit it back to collector within six months and get your refund from him or use it as early as possible.
How many types of stamp paper are there?
The denominations available for these Stamp Papers are Rs. 20, 50, 100, 500, 1000, 5000, 10000, 15000, 20000, 25000. The circulation of Stamp Papers is spiralling downwards as today we are equipped with better a tool, which is the e-Stamp Paper.
How long is E-stamp valid?
Any stamps which have been purchased on or after the commencement date but have not been used, or no allowance has been claimed in respect thereof, within a period of six months from the date of purchase thereof, shall be rendered invalid.]
What is the use of Rs 50 non judicial stamp paper?
Rs.50 stamp is for registering partnership firm when the capital sum less than Rs.500/- and some of the mercantile bonds, and chit agreements needs to use Rs. 50/- stamp paper and it differs state to state. Originally Answered: what is the use of Rs. 50 non judicial stamp paper?
What is the service charge for stamp paper in India?
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. Go for one single paper to save time, energy, effort and cost.
Can I use two Rs 50 stamp paper in a passport?
You can use two Rs. 50 stamp paper but it’s not cost-efficient and presentable manner. 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.
Which stamp paper can I buy in India?
E-Stamp Papers and Traditional Stamp Papers Non-judicial stamp papers in India are avaiable as E-Stamp papers and traditional stamp papers. E-Stamps are available in certain banks and co-operative societies only. Buy a non-judicial E-stamp to write the contract/agreement on it.