What is the difference between stamp duty and custom duty?

Stamp duty is a tax imposed on legal documents, typically related to the transfer of property or certain transactions, and is often calculated based on the transaction value. Custom duty, on the other hand, is a tax levied on goods imported or exported across international borders, aimed at regulating trade and generating revenue for the government. While stamp duty is related to specific legal transactions within a country, custom duty pertains to international trade and the movement of goods.