revenue stamp on voucher

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hi,

if a payment made by cash and the  computer generated voucher is signed by the receiver whether it is required to affix  a revenue stamp on the voucher where the payment is more than Rs.500/-

Thanks & Regard

Abid Hussain

Replies (23)
Dear, Revenue stamp require on more than 5000 Rs. payment on cash and not on 500Rs.
Method of preparing Receipt, that is, written by hand or typed or computer generated form cannot, by any stretch of imagination, be the criterion for deciding whether a particular Receipt needs to be affixed with Revenue Stamp or not.
Thanks Mr. Jagrut and Rao

for all payments valuing more than Rs. 500/- stamp duty is payable.  Either it is by way of affixing stamp on payment voucher or through making consolidated remittance to Government.  However for second option u need to take prior approval from the concerned.  You may call me for further clarification.


To my knowledge this ceiling is revised to Rs. 5000/- keeping in view the practical difficulty.

under what law can i find some information relating to revenue stamps ?

under what law can i find some information relating to revenue stamps ?

I understand from a post office in Mahim, Mumbai that 'Revenue Stamp' has been discontinued. Thus what can be affixed on a rent receipt for more than Rs. 5000?

go to another post office get the stamp and fix it if not doing so you are violating law..


 

Pls. guide me that what is the stamp duty on payments and receipt for more that 1000/- payments and receipt. or where it is necesary to take sign on stamp on receipt vouchers also?  Pls guide

Dear Manish,

As i know there is no rule to pay stamp duty on payment of upto the amount of Rs. 5000. But for better internel control organisations follow the system of affixing stamp on A4 paper together with the sign of the receipnt. This is followed in the case where amount paid is immeterial say. upto Rs. 5000.But for the payment of more than Rs. 5000 it is necessary to pay stamp duty on voucher together with the sign of receipnt. Although no amount exceeding Rs. 20000 can be paid in cash.

For the matter of taking sign on stamp on receipt voucher i do not think there is any such necessity. But as i said above it is good to take sign on receipt voucher.

Link for indian stamp Act

https://dateyvs.com/gener05.htm

 

Hope this will help you.

Always yours 

How much amount we need the revenue stamp on voucher? , we need the stamp duty act copy also.

Well thanx for all such information,specially Mr. Hari Venkat raman and Mr. Nikhil Mittal.

Thank you...

 

pls clarify if payment by acconut payee cheque of rent above 5000/- paid under a registered lease agreement reqiures a rs.1/- stamped rent receipt.

Originally posted by :Jagrut Shah
" Dear,

Revenue stamp require on more than 5000 Rs. payment on cash and not on 500Rs.
"


 


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