E-stamping is the process of authenticating and validating documents by substituting electronic stamps for conventional physical ones. The following are some essential details about e-stamp document services:
Why is e-stamping used?
Authentication: E-stamps are a safe way to make sure that documents are legitimate legally.
Revenue Generation: By charging a stamp duty on a range of transactions, governments frequently use e-stamping to raise money.
Benefits of Electronic Stamping
Security: To stop forgeries or tampering, e-stamps can be equipped with security features.
Convenience: For online transactions in particular, electronic stamping may be more convenient than traditional stamping techniques.
Stamp Duty: Governments impose stamp duty on the transfer of specific documents. Stamp duty collection is made more efficient by e-stamping.
Execution: Platforms or organizations with government approval are used to implement e-stamping systems.
E-stamping services can be provided by authorized service providers or online portals.
Method: E-stamps for particular denominations are usually purchased by users in accordance with the transaction value.
After that, the e-stamp is digitally affixed or attached to the pertinent document. Validation With specialized verification methods, authorities can confirm the legitimacy of e-stamps.
Laws: There may be e-stamping laws that are unique to certain nations or areas. Respecting the legal requirements is imperative.
Accessible: Depending on the jurisdiction, e-stamping services might be accessible through both offline and online channels.