e-Stamp

The Concept

There are two types of stamps: Judicial and Non-Judicial, used for collecting stamp duty under Stamp Act 1899.  Judicial Stamps are used in relation to the administration of justice in courts and non-Judicial Stamps are used on documents related to the transfer of property, commercial agreements etc. The non-judicial stamp papers worth above Rs. 1,000 are referred to as high-value Stamp papers. These Stamp papers are only issued by the Treasury offices of the district. Almost 95.89% of revenue under stamp duty is collected from these high value stamps.

In this manual system, issuance of high value non-judicial as well as judicial stamp papers begins with assignment of a number and head of account on form 32-A by treasury office and deposition of Stamp fee along with all taxes through Challan Form 32-A either in the State Bank or National Bank. The original challan after due payment is handed over to treasury officials. Scroll / Payment Information is received by the Treasury Office in 24/48 hours. The buyer or his agent receives the stamp paper after two to three days from the treasury office.

e-Stamping

The e-Stamping system is online and any person desirous of purchasing high value non-judicial / judicial stamp papers can access the system by a simple internet connection. The value of stamp duty will be calculated on the basis of data provided by the buyer (area of the land, location, covered area, commercial / residential etc.) and DC valuation tables built into the system. The names of the buyer, seller and the person through whom stamps are being purchased will be entered into the system along with their CNIC numbers.

Following is the brief process of e-Stamping system.

Salient Features

  • Online Generation of Challan 32-A
  • Pay CVT, Registration and Comparison Fee
  • Calculate DC Rate
  • Re-Print Challan 32-A
  • Pay Deficiency and Penalty
  • Verification through WEB / SMS
  • Extensive Reporting
  • Reconciliation with Banks
Focal Person:  Umer Mobeen