How can I become a stamp vendor in India?

How can I become a stamp vendor in India?

You must have a CSC ID to be a stamp vendor. Now you have to contact your CSC Distic Manager. Tell your district manager that you want to become an CSC e-Stamp Vendor, for which you need a user ID and password. Now your District Manager will ask for documents from you, you should send the complete documents to them.

What is the Commission for stamp vendor?

The commission that SHCIL gets for the generation and issuance of e-stamp from the Delhi Government is 0.65 per cent of which 0.15 per cent is the commission being paid to stamp vendors.

How do I become a franking vendor?

Anyone desirous of becoming authorized to use franking machines must submit a franking license application to a state government branch (usually a superintendent of stamps or post office) and obtain the official permission/license from them.

How do I register for e stamping?

How to get your documents e-stamped?

  1. Step 1: Visit the official website of the SHCIL at https://www.stockholding.com/.
  2. Step 2: Select the state from the dropdown list.
  3. Step 3: You will need to fill an application.
  4. Step 4: You will need to submit this form along with the payment, for the stamp certificate.
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What is non judicial stamp paper?

02. Non-Judicial Stamp Paper. Non-judicial stamp papers are generally used for documents like Power of Attorney, sale deed, rent agreement, affidavits, transfer of immovable property like building or land, loan security, and mortgage or other important agreements.

How do stamp vendors make profit?

A stamp Vendor who has taken stamp paper licensed from Govt and selling the Stamp Paper to his customers. He Sells close to 6 Crore worth of stamp paper in a Financial year and generated a profit of ₹ 6 Lakh from it, meaning 1\% is profit.

What is difference between franking and stamp paper?

The main difference between the two is that stamp duty is a type of tax that indicate the documents are official and legal while franking is a process that indicates any charges or taxes, such as the stamp duty on those documents has been paid. need to be stamped to make it legally valid.

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How can I pay stamp duty and registration online in Maharashtra?

The procedure for making payment of stamp duty and registration through GRAS which is as below;

  1. Visit GRAS website https://gras.mahakosh.gov.in.
  2. Click Pay without Registration.
  3. Select payment mode as e-payment.
  4. Select Department name as Inspector General of Registration.