Franking, is a process of actually getting the documents stamped. This process includes getting the documents marked or stamped, indicating that the documents are legal and the stamp duty levied on the documents has been paid.
Why do we need franking?
It is mandatory to pay stamp duty for a legal document and you can be fined if you don't pay it. Franking, on the other hand, is a process that is used to stamp the legal document. This is the process used to affix any type of mark or stamp to a paper to indicate that the stamp duty has been paid.
Is franking mandatory?
Is franking mandatory? It is mandatory to pay stamp duty for a legal document and franking is one of the ways of getting the legal document stamped.