How to affix Indian stamps when instruments are executed outside India?
While executing any document outside India meant for use in our country our stamps should not be used. When instruments are executed outside India, they can be stamped by payment of appropriate stamp duty later in India by cash. For example, if a power of attorney is signed in New York before a Notary on a plain paper, the same can be presented before the concerned registering officer in India by the agent for authentication. The registrar will collect the stamp duty payable in India by cash and authenticate the deed. Is there any time limit for such authentication? It should be done within three months after it is first received in India. What to do with the unused stamp papers? Such stamp papers can be submitted to the Collector of Stamps for refund. There will not be full refund. About10 per cent will be deducted. Is there any time limit for registering any document? Any signed document should be presented for registration with 120 days of execution of the document.
