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How many types of stamp papers?
2. Non-judicial stamp paper.
Stamp papers which would be used in courts like for payment of court fees is judicial stamp paper.
Something which has relation to the administration of justice, judicial stamps/papers are used.
Stamp duty paid in respect of judicial stamp paper is paid under the Court Fees Act, 1870.
Stamp papers which would be used for execution of documents are called non judicial stamp papers.
Something with which is related to the transfer of property, commercial agreements, power of attorney etc. Non judicial stamp papers are used.
Stamp duty paid in respect of Non judicial stamp paper is paid under The Indian Stamp Act, 1899.
Documents Required For Stamp Paper
- Identity proof, passport, driving license and PAN card-for both the parties (if any)
- Details of first party
- Details of second party
- Purpose of stamp paper
- Amount of stamp duty