WebThe 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 … WebJan 1, 2024 · 4. In the instant case, The date of agreement is 01-12-2015. The date of franking on NJ stamped paper is 10-12-2015. That is the agreement made orally on 01-12-2015 is now reduced to writing on stamped paper for tangible legal doument may require in future, which fact has to be better averred in the recital.
Franking vs. Stamping – Know the Difference? - PNB Housing
WebJan 25, 2024 · Franking charges are to be paid to the authority for stamping your paper. The charges are usually 0.1% of the total purchase. In other words, franking charge is a fee that has to be paid to the bank or agency, for stamping the property papers that serve as a legal proof of payment of stamp duty. What is difference between franking and stamping? WebNov 18, 2024 · There are three ways to pay stamp duty: (1) using the e-stamping facility (2) using a paper-based impression stamp (non-judicial stamp paper), and (3) using a franking machine. Features of e … cc-tapis tapetes
E-Stamp Paper E-stamping Karnataka Issuing E-stamp Karnataka
WebApr 2, 2024 · The difference between 10, 20 and Rs. 50 non-judicial stamp papers: The government collects the revenue through the sale of non-judicial stamp paper and for each article there is a separate stamp … WebSep 10, 2024 · Let’s look at the principal difference amongst the concepts. The Stamp duty tax is levied on legal papers, including those that include the sale of the stable field. The … WebJun 7, 2011 · You first prepare a document on paper and before signing parties on it, take it to nominated Branch of a Bank pay the stamp duty there and then the bank will put stamp on your document indicating the value of the stamp duty. That is called franking. FRANKING : This is one of the several methods of indicating the payment of stamp duty. cc-tukku