Inland Revenue Board (IRB) introduce e-Stamping from Jan 1

Stamping of documents will go online with the introduction of an e-Stamping system by the Inland Revenue Board (IRB) @ Lembaga Hasil Dalam Negeri (LHDN).

To be used initially from Jan 1 for the stamping of documents for landed property, the new system will also see the end of the use of impressed stamps and official receipts.

IRB chief executive officer Datuk Hasmah Abdullah said e-Stamping would benefit those who have high volume of stamping to do such as lawyers and developers.

“Registered users will be able to print out the e-Stamp to stick on important documents. Payment for the stamp can also be made online,” she said.

Hasmah said although the e-Stamp could be printed by any printing machine, there were security features that would make it impossible to fake an e-Stamp.

“There are anti-photocopy features and a watermark appears if the stamp is printed for a second time,” she said, adding that the unique number on each stamp could also be checked online to see if it was authentic.

Those needing an e-Stamp could also get it at IRB stamp offices, she said, adding that the move was planned under Budget 2009.

Hasmah said the e-Stamping system would later be extended to cover all other important documents such as cheques, contracts and insurance policies.

She said the IRB had been managing stamps since they took over the business from the Accountant-General in 1978.

Hasmah added that the setem hasil (duty stamp) that could be bought from post offices was not being phased out but would get improved security features by Feb 1.