DEPARTMENT OF REGISTRATION AND STAMPS Understanding eSBTR
DEPARTMENT OF REGISTRATION AND STAMPS Launch of eSBTR at IDBI
DEPARTMENT OF REGISTRATION AND STAMPS Background
DEPARTMENT OF REGISTRATION AND STAMPS BACKGROUND Department collects Stamp Duty & Registration Fees against various services it offers. Type of Duty/Fee Existing Mode of Payment Medium of Payment Stamp Duty Stamp Paper Franking E-Stamping Challan E-Challan Registration Fees Direct CASH CHQ CASH DD CHQ CASH DD CHQ CASH DD CASH DD ONLINE CASH DD CASH DD ONLINE
DEPARTMENT OF REGISTRATION AND STAMPS BACKGROUND New Model of eSBTR Type of Duty/Fee New Mode of Payment Medium of Payment Stamp Duty eSBTR (Both) Registration Fees (All) CASH DD ONLINE CHQ
DEPARTMENT OF REGISTRATION AND STAMPS Introduction
DEPARTMENT OF REGISTRATION AND STAMPS INTRODUCTION eSBTR It is an electronic secured bank and treasury receipt, issued by the Officer of the participating bank, on special Government stationery, on payment of Stamp Duty in Virtual Treasury.
DEPARTMENT OF REGISTRATION AND STAMPS BENEFITS Secured Stationery 24*7 Both Payments possible Easy Reconciliation Faster Revenue Collection Inventory Management Layout Standardisation
DEPARTMENT OF REGISTRATION AND STAMPS Key Stakeholders
DEPARTMENT OF REGISTRATION AND STAMPS KEY STAKEHOLDERS Citizen Main dealing Offices (GSO, CoS, SRO, Treasury) Department of Registration & Stamps Virtual Treasury Office Participating Banks ISP, Nashik Sub Agents/Vendors/Other FIs
DEPARTMENT OF REGISTRATION AND STAMPS Working Model
DEPARTMENT OF REGISTRATION AND STAMPS WORKING MODEL Integration with existing robust systems – GRAS of Govt. & CBS of Bank Stamp Duty Payment should be Rs 5000/- or more Attractive commission scheme for Banks & Vendors Both Online & Over the counter Modes
DEPARTMENT OF REGISTRATION AND STAMPS Life Cycle of eSBTR Online Mode
Life Cycle of eSBTR – Online Mode DEPARTMENT OF REGISTRATION AND STAMPS Life Cycle of eSBTR – Online Mode GSO, Mumbai Stationery Guardian Bank HQ Branch 1 Branch 2 Branch 3 ISP Print Stationery Supply Distributed Bank Server Dtls + Pymnt Proof of Pymnt generated Bank Portal Citizen Fill Details Payment Submitted Dtls + CIN eSBTR Printed GRN Proof of Payment Returned to Citizen Treasury (GRAS) OR Retained by Citizen Defacement eSBTR attached to Original doc SD/RF Payment SRO eSBTR Other Departments OR Submitted
DEPARTMENT OF REGISTRATION AND STAMPS Life Cycle of eSBTR Offline Mode
Life Cycle of eSBTR – Offine Mode DEPARTMENT OF REGISTRATION AND STAMPS Life Cycle of eSBTR – Offine Mode Branch 1 Branch 2 Branch 3 Bank HQ GSO, Mumbai Stationery Guardian ISP Print Stationery Supply Distribute Bank Officer Form Fill details manually Payment in Cash/Cheque Visit Branch Print eSBTR Details + payment + CIN Citizen GRN Generated Returned to Citizen Treasury (GRAS) OR Retained by Citizen eSBTR attached to Original doc Defacement SRO SD/RF Payment eSBTR Other Departments OR Submitted
DEPARTMENT OF REGISTRATION AND STAMPS Sample eSBTR
DEPARTMENT OF REGISTRATION AND STAMPS Role of SRO
DEPARTMENT OF REGISTRATION AND STAMPS Verification of eSBTR Verify stationery security features like State Emblem of Sarnath Lions in the right bottom corner of eSBTR (Visible in bright light background) Perforated Department’s logo in right top corner Micro fibres scattered in stationery (Visible in bright light background) Both the Stationery numbers printed on eSBTR should exactly match Verify other details on eSBTR against details on document
DEPARTMENT OF REGISTRATION AND STAMPS Defacement & Locking in ISARITA Enter GRN & Challan Amount in iSARITA and check the payment details If correct, proceed with Registration to lock the eSBTR Physically deface the eSBTR Attach defaced eSBTR with the document
DEPARTMENT OF REGISTRATION AND STAMPS Thanking You