Is revenue stamp available in India?

Is revenue stamp available in India?

India has been a heavy user of revenue stamps, both before and after independence. The first revenues were issued in the mid-nineteenth century and they are still being issued to this day.

What is a revenue stamp in India?

A revenue Stamp can be explained as a receipt given by the Government in the form of small adhesive stamp in lieu of separate document stating that the tax/fee has been paid to the Government. The section 2(23*) in of Indian Stamp Act, 1899 defines ‘Receipt’ as under.

How many types of revenue stamps are there?

Judicial stamp are used for transactions with judiciary. Denominations : Rs. 25, 30, 40, 50, 60, 75, 100, 200, 300, 500, 1000, 3000, 5000 and 25000/-….Lakshman Thodupunoori.

1 Judicial stamps
5 Revenue stamps
6 Special Adhesive stamps (Labels)
7 Notarial stamps
8 Foreign Bill stamps

What is the difference between revenue stamp and court fee stamp?

Difference between revenue stamp and non judicial stamp and judicial stamp. GENERALLY WE USE THE NON JUDICIAL STAMP PAPER TO RECORD ANY DEALS, AGREEMENTS ETC. WE ALSO USE REVENUE STAMP FOR AFFIXING ON RECEIPTS SHOWING THE PAYMENT OF AMOUNTS COVERED BY THE AGREEMENT.

What does tax stamp look like?

All stamps are predominantly red-orange. A color-shifting effect visible to the naked eye on the left edge of all stamps; a green-to-blue shift effect should occur when the tax stamp is tilted slightly.

What is use of revenue stamp?

Revenue stamps are stamps used to collect taxes and fees. They are issued by governments, national and local, and by official bodies of various kinds. The high value of many revenue stamps means that they may contain security devices to prevent counterfeiting.

What are the different types of stamp paper?

Types of stamp duty

  • Non-Judicial Stamp Papers. These refer to traditional or non-judicial stamp paper, used for sale deeds, transfer of immovable property, affidavits, agreements, deeds, wills, etc.
  • e-Stamping.
  • Franking.
  • Notary Stamps.
  • Revenue Stamps.
  • Hundi Paper.
  • Court Fees Stamps.
  • Judicial Stamps.

How many revenue stamps are there in India?

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When did they start using revenue stamps in India?

India has been a very heavy user of stamped paper, both before and after independence. In addition, hundis, an alternative money transmission system widely used in the Indian sub-continent, often bear a pre-printed revenue stamp. French India had separate revenue stamps until 1954.

What kind of stamps are used in India?

Keytypes were used for several types of revenue, including: Some taxes, however, had special stamps, and these were: In addition, numerous revenue stamps of unique designs were issued by the Princely States of India. Consular stamps used on a passport page in 1975.

What is value of India birds of prey error stamp?

India Birds of Prey error stamp, 1992. India Birds of Prey error is a modern Indian rarity that displays 1r instead of 2r. The mistake was discovered shortly after printing, with most specimens destroyed. The stamp was supposed to have 2r value. However, a printing error was made, and the stamp got a 1r denomination instead.

What kind of paper did India use before independence?

India has been a very heavy user of stamped paper, both before and after independence. In addition, hundis, an alternative money transmission system widely used in the Indian sub-continent, often bear a pre-printed revenue stamp.