It makes no difference if an agreement is printed on the company’s letterhead, plain paper, or stamp paper. As stated in Section 17 of the Indian Stamp Act, 1899, it is critical to confirm that the correct stamp has been paid on the agreement, and that the price varies from state to state.
“All instruments charged with duty and executed by any person in India should be stamped before or at the time of execution,” according to Section 17 of the Indian Stamp Act of 1899. “Every instrument by which any right or obligation is, or claims to be, established, transferred, limited, extended, cancelled, or recorded,” according to Section 2(14) of the same statute.