Odisha e-Stamp Certificate
Odisha e-Stamp Certificate
To register property in India, the buyer needs to pay some charges in the form of stamp duty for registration. Previously, stamp duties were paid by purchasing stamp papers from authorised stamp vendors/treasury at the time of property registration. The Inspector General of Registration Revenue and Disaster Management Department of Government of Odisha have facilitated the payment of Stamp Duty through the e-Stamping system. In this article, we look at the procedure for purchasing the Odisha e-Stamp certificate online in detail.
Stamp Duty
As mentioned above, the stamp duty is a kind of tax that needs to be paid at the time of property registration. It is a legal tax payable as proof for any purchase of a property/land or registration of deed.
Know more about Odisha property registration
Stamp Paper
Stamp paper is the traditional way of paying stamp duty and registration charges. The owner needs to purchase non-judicial stamp paper from an authorised vendor or Treasury. Once the non-judicial stamp paper obtained, the transaction details will be written/typed on that.
Odisha e-Stamp Certificate
Odisha e-Stamp Certificate is a computer-generated alternative for conventional stamp paper. To avoid counterfeit stamp paper and to make property registration easy, the Government of Odisha introduced e-stamping. As per The Indian Stamp (Odisha Amendment) Act, 2014, transaction above Rs. 1 lakh should be paid only with Odisha e-stamp.
Benefits of Odisha e-Stamp Certificate
The benefits of using Odisha e-Stamp certificate is explained in detail below:
- Odisha e-stamp certificate is a convenient method for tax at the time of property registration
- Usage of Odisha e-stamp certificate eliminates the need of non-judicial stamp papers for deed registration
- All details of property registration stamp duty (stamping) can be obtained from a single online portal
- Odisha e-stamp certificate online purchase makes the property registration process quick
- Odisha e-stamp certificate is tamper proof
- Validation is very easy with Odisha e-stamp certificate
Attribute in Odisha e-Stamp Certificate
The Odisha e-Stamp certificate will contain below-mentioned details.
- e-Stamp certificate Serial number
- Government Receipt Number (GRN)
- Payment Date & Time
- Nature of property/land
- Department Reference Number
- Value of property/land
- Amount of stamp duty paid
- Name of payee
Prescribed Authority
The Stock Holding Corporation of India Limited (SHCIL) has been appointed as the – Central Record Keeping Agency for issuing Odisha e-Stamp Certificate.
Stamp Duty Rate
The Odisha e-Stamp Certificate will be issued for the amount of Rs. 1000 and above.
Procedure to Purchase Odisha e-Stamp Certificate
Procedure to purchase Odisha e-Stamp certificate is explained in step by step guidelines here:
Step 1: Ascertain the property registration application number and the amount of stamp duty payable from the Registration office.
Submit Application
Step 2: Visit the nearest counter of CRA counter in Registration office or CRA branch office or Authorized collection centres (ACCs) and fill up the Odisha e-Stamp certificate application form.
The application form for Odisha e-Stamp Certificate is attached here:
Application_IndStep 3: After providing details such as Property Description, First Party Details, Second Party Details, Stamp Duty Payment Details submit the application form at the counter.
Make Payment
Step 4: You can make the payment through cash or depositing DD, cheque or the Bank Transaction Reference ID towards payment made through NEFT or RTGS.
For online payment through NEFT/RTGS, transfer the amount to the CRA’s nodal account: Account Number 0042102000044022, IFSCIBKL0000042 and MICR-751259002.
Get Odisha e-Stamp Certificate
Step 5: If the payment is made through cash, the Odisha e-Stamp Certificate will be generated and handed over to the applicant immediately.
Step 6: If the payment made through Cheque/DD, the applicant will receive a receipt from the counter. On credit of the amount to the CRA account, the applicant can get the Odisha e-Stamp Certificate from the respective counter.
Step 7: After obtaining the debit confirmation from the concerned bank, visit the nearest counter; submit the transaction reference given by the bank along with duly filled the ‘e-Stamp Application Form’ to get the e-Stamp Certificate.
Step 8: For registering property, visit the concerned registration office with the Odisha e-Stamp Certificate along with the deed.
Verify Odisha e-Stamp Certificate
Applicant needs to visit the home page of the CRA web page. Click on verify e-Stamp certificate option.
Provide following details for verifying e-stamp certificate.
- State
- Certificate Number
- Stamp Duty Type
- Certificate Issued Date
On clicking the “Verify” option, details of e-stamp certificate will be displayed.
Note: The existing system of payment of stamp duty by stamp papers through stamp vendors or treasury will become available. The payment of stamp duty through franking will also be available.
