E stamp paper vendor licence

Stamp vendors in the capital will soon be able to get licences online. To facilitate this, the Revenue department will soon launch a software.

“The software has been prepared by the Stock Holding Corporation of India Ltd (SCHIL). Once the facility is launched, e-stamp vendors would get their e-licences in a prescribed time,” Divisional Commissioner cum Principal Secretary (Revenue) .
At present, a manual process is followed. Application forms are received, listed and verified, following which they are sent to SHCIL, which issues the licences.

Officials said the new software, called Authorised Collection Centre (ACC) vendor licence, will generate and distribute e-stamp certificates of denominations below Rs 501.

The Collector of Stamp (COS)/SDM will be issued user IDs and passwords. After logging in, the COS will be able to view the uploaded documents and verify them. “After verifying the documents, he will send the application to SHCIL,

Hello sir,

Thankyou for asking this question! 
 

When you complete a vendor application for a public sector organization, you are making them aware of your company, and of the products and services you can provide. When that purchasing department is ready to buy something, and they look under a commodity listing, they will see your company's name, if you provide that product or service. This means that they are aware that you provide that product, and they may notify your company when they need to buy that particular product or service.

It is very important that your application be as complete as possible. It is equally important that you keep your information updated. This means that you can update your information whenever necessary by logging in with the user id and password that you create! Each time you update, the Public Sector Organization will receive email telling them of what you have done. 
 

You should get a message telling you that your application has been successfully submitted to the organization of your choice. You will provide the public sector organization with the best representation of your organization.
 

Remember 'update your information as often as necessary' if you change phone numbers, addresses or start selling a new product or service! It is up to you to keep the public sector up to date on your company!

Hope this helps! Let me know if you you have a query any further! 

Best Regards,

Raksha