The e-Stamping facility is projected to cover all states in the country over the next three years, a top official said recently. “It is projected that e-Stamping facility will be effective in all the states over next three years,” Chief Commissioner of Customs, Gujarat Zone, Lipika Majumdar Roy Choudhary said. Presently, e-Stamping facility is available in six states of the country including Gujarat and Karnataka. The facility was first introduced post Telgi scam, as a measure to curb stamp paper linked frauds. E-stamping is a computer-based application and a secured electronic way of stamping documents. The prevailing system of physical stamp paper/franking is proposed to be replaced by e-stamping system. The Stock Holding Corporation of India (SHCIL) has been mandated by the Government of India (GoI) as central record keeping agency for e-stamping.
