1000 Stamp Paper Bihar Pdf Download
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Stamp duty means a Stamp paper value/denomination which generally depends upon the nature of the Document; One needs to make sure while paying stamp duty that you need to pay an appropriate stamp duty to the Government; if you pay a lesser value then the Document shall be considered invalid hence it is always advisable to pay appropriate stamp duty as per the Stamp Act of the concerned State Government.
In the article below, you will find answers to many other related questions. Such as what is the rent agreement stamp paper amount in Bihar, what is the 11-month rental agreement stamp paper value in Bihar, etc.
But it should be noted that the stamp duty and registration charges and their rules, as well as values on the rent agreement, may also change depending on the time period. i.e. 11-month rental agreement stamp paper value in Bihar may be different than, 1 or more year rental agreement.
11-month rental agreement stamp paper value in Bihar or any other state is Rs. 100 or Rs. 200 (may vary). An additional amount of 1% of rent value and annual paid deposit or Rs. 500 will also have to be submitted as stamp duty.
It is a piece of paper which bears a pre-printed revenue stamp. Any transaction gets legal validity, once being executed on a stamp paper of proper value. It brings legal authenticity to any valid agreement.
Court here permitted a refund of a lost stamp paper. Court relied on the rationale, that, State cannot adopt the principle of retention and receive undue enrichment. The issue here though was not regarding the limitation under Section 50. The issue here was, Whether the case of lost stamp, not covered under Section 49 be construed as a spoilt stamp?
Recently I attended the interview for the job in multistate cooperative bank. They mail me offer letter and asked me to submit the Xerox of documents along with the blank stamp paper. Should I give it?
Have you seen those A4 sized documents with green or pink currency like prints on top? We do need those papers and in general are aware that those are documents holding some legal validity. They are known as stamp papers and hold a certain value. But what is the purpose of those papers, and more importantly, what is the validity of stamp paper in India? We will find out more through stamp paper validity Supreme Court judgment in the blog below.
It may be understood as an official piece of paper bearing a pre-printed revenue stamp similar to currency notes or postal stamps. It should be noted that the stamp papers also have a certain value. It may be Rs 10, 20, 50, etc. The main purpose of stamp papers is usually revenue generation for the state through legal documentation. Since stamp papers are issued by the government, the hard copy can be obtained from post offices, stamp vendors, etc. It can be obtained online in the form of e-stamp paper as well.
There are two kinds of stamp papers in India: judicial and non-judicial stamp papers. While judicial stamp papers are used for payment of court fees, basically for financial transactions in the courts. For outside court legal transactions, non-judicial stamp papers are used. The examples of non-judicial stamp papers include those used for a sale deed, affidavits, wills, etc.
The validity of a non-judicial stamp paper is not barred by time limitation as per the apex court in relation to its use. The apex court clearly stated that NOWHERE in the Indian Stamp Act it is mentioned about the validity of the stamp papers. The section 54 of the Indian Stamp Act, 1872 clearly mentions that if any person possesses a stamp paper of which he has no immediate use can return the stamp paper to the collector (provided that it is not spoiled, rendered unfit or useless) for seeking refund of the value of the stamp paper. It should have been purchased within the period of 6 months to the date of surrender. The stamp paper does 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 its 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.
A- As a general rule, there is no validity period for stamp papers in India. Once issued, it may be returned and refunded with a 10% deduction in cost. However, there is a validity of stamp paper in Maharashtra and some other states.
A- As per rule, a legal document is said to be valid if it is executed on a stamp paper, or stamped before or during execution. A legal document stamped after execution itself raises questions on the validity of such a document.
For payment of stamp duty on LLP agreement, stamp paper is purchased of the requisite value. There are many different stamp papers (14 varieties in 10 denominations of INR 50, 100, 500, etc.) main classification includes judicial and non-judicial stamp paper. The stamp paper used in courts for court fees payment and judicial activities is judicial stamp paper. The stamp paper used for paying stamp duty on an LLP agreement is non-judicial stamp paper.
As per Section 54 of the Indian Stamp Act, 1899 if the stamp paper is unused, unspoilt and fit for use a refund may be granted by the Collector after a deduction of 10 paise per rupee, if the purchase of the same is made within 6 months. Further, as per Section 52B(b) of The Maharashtra Stamp Act and Section 52C of Bombay Stamp (Gujarat Amendment) Act, 2016 states that if any stamp has been purchased and it is neither used nor any allowances are claimed on it within a period of six months, it will be treated as invalid.
The Indian Registration Act provides for registration of documents thereby recording the contents of the document. Registration is required to conserve evidence and title. There are certain agreements mentioned under section 17 of the Indian Registration Act, which are to be compulsorily registered and thus, cannot be made without stamp paper. Some of these are,
That being said, executing an agreement on a stamp paper everytime, especially when such agreements are needed to be executed often is understandably time consuming, tedious and consequently, impractical.
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