Stamp Duty
Stamp duty is a tax that is paid on official documents like marriage registrations or documents related to a property, etc. The amount of stamp duty that is due on a document depends on the value of the transaction for which the documents are being created. The stamp duty can be paid in two ways, the first being by using documents that have a stamp embossed on the top of the paper and the other is by affixing a stamp to an official document. The advantage of using these papers is that documents that have stamp duties paid on them can be admitted as evidence in a court.
