Revenue Stamp History In India

Revenue stamps of india states index pages 4 to 27 receipt revenue stamp dies pages 28 to 30 agreement dies pages 31 to 33 brokers note dies pages 34 to 51 foreign bill dies including ovpts pages 52 to 58 insurance dies pages 59 to 77 share transfer dies.

Revenue stamp history in india. Stamps for official use were prepared and carefully accounted for to combat abuses by officials. A revenue stamp tax stamp duty stamp or fiscal stamp is a usually adhesive label used to collect taxes or fees on documents tobacco alcoholic drinks drugs and medicines playing cards hunting licenses firearm registration and many other things typically businesses purchase the stamps from the government and attach them to taxed items as part of putting the items on sale or in the. This technique was followed by many other nations later. These were the first british india official stamps.

I solicit your expert advice on the levy of tax in the shape of a one rupee revenue stamp. In india a revenue stamp needs to be affixed only on receipts for amounts over rs. In 1854 spain had printed special stamps for official communications but in 1866 india was the first country to adopt the expedient of overprinting service on postage stamps and service postage on revenue stamps. This innovation was later.

Whether the stamp is required on receipt for rs 500 also or it is only for amounts exceeding rs 500 and upto which value. Postage stamps were generally issued separately from the revenue stamps. Whether the stamp is required for amounts received only in cash or also for receipts through a cheque etc. India has a long and varied postal history and has produced a large number of postage stamps these have been produced by a variety of techniques including line engraving typography lithography photogravure and web offset stamps have been produced both for postage and for service or revenue.

Apart from issues for the whole of india many princely states provinces and other states also had or still have their own revenue stamp issues. June 2 2005 as per amendment to the indian stamp paper act of 1899. The george v series 1911 to 1933 added two more values two annas and four annas to the postage revenue stamps. India was the first country to adopt the tradition of overprinting service on postage and service postage on revenue stamps in 1866.

Transactions up to rs 5 000 made from june 2 onwards would not require revenue stamp.