What is the validity period of 100 RS stamp paper?

six months
Section 54 does not require the person who has purchased a stamp paper, to use it within six months. Therefore, there is no impediment for a stamp paper purchased more than six months prior to the proposed date of execution, being used for a document.

What is the validity of 200 RS stamp paper?

A stamp paper does not have a validity date once stamp duty is paid it is valid for ever as per the supreme court decision earlier there was a misconception that it is valid for 6 months but once the stamp paper is purchased it can be used anytime.

Is Rs 50 stamp paper valid?

Originally Answered: what is the use of Rs. 50 non judicial stamp paper? The Stamp Act prescribes the value of the stamp to be affixed of engrossed for specific purpose, else it will be treated undervalued, can not be used as evidence before law unless party seek use it pay the deficient stamp duty with penalty.

What is the validity period of non judicial stamp paper?

The stamp paper do not have any EXPIRY period. The stipulation period of 6 months is only for seeking refund of the value of the Stamp paper and NOT of it’s use. There is no IMPEDIMENT FOR A STAMP PAPER PURCHASED MORE THAN 6 MONTHS PRIOR TO THE DATE OF EXECUTION TO BE USED FOR DOCUMENTATION.

How long is stamp paper valid?

The Court concluded by stating that there is no impediment in using a stamp paper which may have been purchased more than six months prior to its use in a document. Thus, as can be deduced from above, a stamp paper does not have any expiration date and can be used for execution of a document at any time.

Is writing on stamp paper valid?

Whether the same is written in hand or typed does not matter. As long as the terms are clear, and understandable it should not be a problem. Please ensure in case there are any changes or alterations then the same are counter signed by both the parties.

Can E stamp paper be returned?

Powers to cancel the e-Stamp certificate and to refund its amount – (1) The Collector shall have the power to cancel the e-Stamp certificate, after verification and to endorse the fact of cancellation on the e-Stamp certificate with his signature and the seal and to refund the amount as required in the said Act.

How many days is a stamp paper valid?

Can stamp paper be purchased after date of agreement?

Buy old stamp paper and use it. As a practice of law, you cannot do this by purchasing new stamp paper and putting old dated agreement. It is legally questionable and not valid.

What is the expiration date of a stamp paper in India?

Pertinently, the Indian Stamp Act does not provide any expiration date for use of a stamp paper. The only restriction for a stamp paper is prescribed under section 54 of the Indian Stamp Act.

What is the validity of a stamp paper refund?

The validity for getting a refund of Stamp paper is six months,Stamp Papers used even 6 months old after its date will be valid. In view of the Supreme Court judgement dated 19/02/2008 , Thiruvengada Pillai Vs.

Is it bad to use old stamp papers for new agreements?

It is very painful to use aged stamp papers for backdated agreements or new agreements also. As a report published by the business standard newspaper which contains that, the Indian ministry of finance is designing to alter the Indian Stamp Act (around 100 yrs old act) in which validity of only 1 yr shall be binding on stamp papers.

What is stamp paper?

What is Stamp Paper? Stamp paper is a sheet of paper with a printed revenue stamp of a fixed value like Rs. 10, Rs.20, Rs. 2000 etc. This is a source of revenue for the government/authority. In most of the States/Countries, valuable documents are only valid if done on a prescribed value of stamp paper.