Stamp duty v/s franking
This query is : Resolved
11 August 2011
What is the difference between Stampduty & Franking ?
Both are revenue for the state govt or central govt ?
Both are revenue for the state govt or central govt ?
11 August 2011
Both are same. franking means stamp duty is paid and red marks and words appearing on stamp paper is franked or imposed on the agreement by the franking machine of the stamp registrar office. u can say it is one of the mode of payment of stamp duty. Stamp duty is state government tax.
11 August 2011
Can I do franking on affidavit ? Because I have been told to do affidavit on Stamp paper only, franking not allowed. Pls advise.
Thanks
Thanks
12 August 2011
As I said earlier franking is one of the mode of payment of stamp duty. U pay stamp duty either by purchasing stamps or stamp paper or franking. It makes no difference whether the affidavit is on stamp paper or on a franked paper. In nutshell, franking can be done on affidavit.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- LTCG for Assmt year 26-27
- Tax liability on income of freelancer
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
