ZT NEWS NETWORK
JAMMU, JULY 14: Jammu and Kashmir Government is fully geared up to roll out the computerized Registration system through National Generic Document Registration System in the Union Territory.
The Government has recently signed a memorandum of understanding with the Stock Corporation of India Limited (SHCIL), the agency mandated by the Centre to act as the apex record keeping agency for rolling out E-stamping.
To further gear up the process, Financial Commissioner Revenue and Inspector General of Registration, Dr Pawan Kotwal today reviewed the preparedness of introduction of e-tamping.
The J&K Branch head of SHCIL, Harmandeep Singh, apprised the FC that to roll out the e-stamping in the Union territory, the agency requires the authenticated list of SRO offices and contact detail for creation of their location based user IDs, list of licensed stamp vendors and nomination of trainers and Nodal officer for better coordination with the agency. The FC enjoined upon all the registrars and sub Registrars to provide the detail required by the agency.
The e-stamping is electronically generated stamp paper, which could be used by the registrant public method of paying stamp duty for any purpose without physical purchase of stamp paper.
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