please elaborate difference between judicial and non judicial stamps. where each is used and what are binding
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Quick Summary
Judicial and non-judicial stamps serve distinct purposes within the legal and administrative systems. Judicial stamps are specifically used for court fees and legal proceedings, signifying the payment for court services. Non-judicial stamps, on the other hand, are used for a wider range of transactions, such as property deeds, agreements, and affidavits, to validate these documents and denote payment of stamp duty. The key difference lies in their application and the type of transaction they authenticate.