
Duty Stamp
A duty stamp is a legal requirement indicating that certain transactions, such as the transfer of property or issuance of documents, have been officially recognized and taxed by the government. It typically involves affixing a stamp or paying a fee to confirm that the appropriate duty or tax has been paid. This process helps the government regulate and track important transactions, ensuring legality and preventing fraud. Once stamped, the document becomes valid for official purposes, serving as proof of duty payment and compliance with legal requirements.