Advent of e-Stamping in India and Its Benefits

The Indian Stamp Act, which governs the collection of stamp duties across India, is applicable in all states and union territories, ensuring a uniform legal framework nationwide. e-Stamp paper facilitates easier, faster, and more transparent transactions. Governed by the Stock Holding Corporation of India Limited (SHCIL) under the direct control of central government, e-stamping ensures the integrity and reliability process and establishes SHCIL as the central authority for e-stamping services across India. Eliminating the need for physical paperwork and significantly reducing the potential for fraud Electronic stamp paper offers a highly convenient and secure method for paying stamp duty.

What is e-Stamp? Explained in Simple Terms

E-Stamp is meant for Electronic Stamp, is a method of paying stamp duty online, required for all kinds of transactions involving legal documents for buying plots in Chennai plots in Chennai and in other regions in India. E-Stamping was introduced to tackle the challenges of counterfeit stamp papers and to organize the process of paying stamp duty.

The e-Stamping Process in India

The e-stamping process in India is straightforward. First, you need to calculate the stamp duty applicable for your document or transaction. This can usually be done on SHCIL online in the state-specific e-stamping websites. After calculating the duty, you can pay it online, which then generates an e-stamp certificate with a unique identification number (UIN) ensuring its authenticity.

Can I Get Stamp Paper Online? - E Stamp Process

Yes, you can obtain e stamp paper online, which makes the process hassle-free. Buying e stamp online ensures transparency and security and significantly reduces the time and effort traditionally associated with paying stamp duty. Once the payment is confirmed, the payer can download the e-stamp certificate, which serves as proof of stamp duty payment, facilitating a smoother transaction process.

• Visit the SHCIL portal or the respective state government’s e-stamping website.
• Register yourself by providing the necessary details.
• Fill in the details of the transaction to calculate the stamp duty.
• Pay the stamp duty through the available online payment options.
• Once the payment is successful, you can download the e-stamp paper online certificate.

How to Pay Stamp Duty in TamilNadu?

Paying stamp duty in TamilNadu has been simplified through the introduction of electronic stamping (e-stamping). Let’s say you purchase a land for sale in Mangadu or any other property within state; you can easily register and pay stamp duty by utilizing the Tamil Nadu Registration Department's official website. The process involves registering on the portal, calculating the applicable stamp duty based on the value of the transaction, and then making the payment online using various secure payment options.

How the Stamp Duty is Calculated

Stamp duty charges are not uniform across the country and vary significantly from state to state. It is mainly influenced by the property's market value, its type, location, age, and the buyer's gender, etc. Stamp duty rates range from 5% to 10%, with the average cost being 5-7% of the property's market value. Additionally, buyers must pay registration charges for instance in Chennai it is 4% of the current property market value.

Is It Safe to Get e-Stamp Paper Online?

Purchasing stamp paper online is not only convenient but also a safe method. The e-stamp certificates come with unique identification numbers and QR codes, making them secure and tamper-proof. Additionally, the entire transaction is conducted through official government-approved platforms, ensuring the legitimacy and safety of your documents.

Paying Stamp Duty on the SHCIL Online E-Stamp Portal

To purchase electronic stamp paper or pay stamp duty, you can visit SHCIL e-stamp portal https://www.shcilestamp.com/.

Here are the detailed steps to avail e-Stamping service

1. Access the SHCIL online by visiting the official website dedicated to e-stamping. SHCIL is the only central agency authorized by the Government of India for e-stamping, ensuring that your transactions are secure.


2. If you are a first-time user, you will need to register on the portal. Click on the registration link and fill in the required details such as your name, contact information, and create a password. If you already have an account for online e-stamping, simply log in with your credentials.


3. Once logged in, look for the option to calculate stamp duty. This is usually found in the services or e-stamping section. Enter the details of your transaction, including the type of document and the transaction value. The portal will automatically calculate the exact stamp duty you need to pay based on your inputs.


4. After calculating the stamp duty, proceed to make the payment. The e-stamp services portal offers various payment options, including net banking, credit/debit card, or other online payment methods. Choose the most convenient option for you and complete the payment.


5. Upon successful payment, the portal will generate an e-stamp certificate. This certificate will have a unique identification number (UIN) and all the details of your transaction. It serves as proof of stamp duty payment and is recognized by all government authorities.


6. You can download the e-stamp certificate immediately after it is generated. It’s advisable to save a digital copy for your records and print a hard copy if required for any official or legal proceedings.

The e-stamp certificate can be verified by any party involved in the transaction. They can do this by visiting the SHCIL portal and entering the certificate’s UIN to confirm its authenticity.

Verifying an e-Stamp Online

Verifying an electronic stamp paper online can be done swiftly through either the official website or a dedicated mobile app. When using the website, users need to navigate to the e-stamping section, where they'll be prompted to enter the unique identification number (UIN) of their e-stamp for verification. The website then confirms the authenticity of the e-stamp, ensuring its legitimacy. Alternatively, the mobile app option offers the convenience of verification on the go. After downloading the official e-stamping app, users can access the verification feature, input the e-stamp's UIN, and instantly receive confirmation of the e-stamp's validity.

What are The Tax exemptions on Stamp Duty and Registration?

• Under Section 80C of the Income Tax Act, individuals purchasing an under-construction property can avail themselves of tax deductions on stamp duty and registration charges, capped at Rs. 1.5 lakh. This deduction falls within the overall limit of Section 80C, which encompasses various eligible investments and expenses.


• While stamp duty and registration charges for fully constructed properties don't qualify for Section 80C deductions, they can be added to the property's acquisition cost, potentially reducing the capital gains tax when the property is sold.

Key Points to Remember About Stamp Duty

• Payment for e stamp is mandatory for the legal recognition of documents; without it, the documents cannot be admitted as evidence in court.


• The process of paying stamp duty has been simplified with the introduction of e-stamping, allowing for a more secure, efficient, and transparent transaction.


• Stamp duty is typically calculated as a percentage of the property's transaction value or its market value, whichever is higher.


• One can easily calculate and pay stamp duty by visiting the official website of the state's registration and stamp department.


• To purchase an e-stamp paper, visit the online platform authorized by your state government, complete the necessary details about the transaction, and make the payment digitally.


• To verify an e-stamp, use the official e-stamping website or portal provided by your state, entering the unique e-stamp certificate number to authenticate its validity and details.