Government of the Punjab believes in ensuring utmost transparency, public facilitation and ease of use while transacting with the Government. Collection of Stamp Duty is one of the revenue sources for the Government of the Punjab. The automation of collecting stamp duty for different public transactions is very significant step in this direction. There are two types of stamps: Judicial and Non-Judicial. 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 stamp papers worth above Rs.1,000 are referred to as high-value Stamp papers.
The main objective of e-Stamping system is to prevent paper and process related fraudulent practices, leakage of government revenues, and store information in electronic form and build a central database to make ease of the verification process. There will be no more multiple visits of the citizen to pay the stamp duty; in new system the electronic stamp papers will be issued through any designated branch of a schedule bank. The value of stamp duty will be calculated on the basis of data provided by the citizen (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 by whom stamps papers are being purchased will be fed into the system along with their CNIC.
After online verification, the requisite Challan form 32-A will be generated based on the provided data, which then will be signed by the citizen and the payment will be submitted. The buyer of the stamp paper can go to the nearest designated bank branches. On payment of stamp duty the bank counter will print the e-Stamp certificates on a specially designed legal sized paper. This stamp paper will be submitted to the sub-registrar/ housing society/ authority/ land developers, as in whatever the case may be. These authorities will be able to verify the e-Stamp paper, therefore eliminating chances of fake stamps. After utilization of the stamp paper, the database will mark a red strike against the paper which will restrict reuse of same stamp paper.