Rs 10 stamp paper shortage in state, Treasury says no information
4 min read
Express News Service
BHUBANESWAR: The acute scarcity of stamp paper within the denomination of Rs 10 within the state has hit folks onerous as they’re being pressured to purchase stamp papers of upper worth. The drawback has been compounded as benefiting from the shortage, some unscrupulous distributors are charging greater than the precise worth of the stamp papers.
Meanwhile even because the Directorate of Treasury right here stated there was no data on brief provide, native stamp distributors stated stamp paper of Rs 10 denomination was not out there for greater than per week.“We are not getting stamp paper of Rs 10 denomination from the local treasury. Similar is the situation in other districts including Puri. It may be available in other places of the state where the demand is less,” stated a stamp vendor on situation of anonymity.
On a conservative estimate, the common every day sale of stamp paper of Rs 10 denomination is greater than 6,000 within the capital metropolis, the seller stated. “Had it been the case, district treasuries and sub-treasuries could have brought it to the notice of the directorate. We will definitely probe the alleged scarcity of stamp paper when the courts re-open on Thursday,” stated an officer of the directorate coping with stamp paper to The New Indian Express.
Non-judicial stamp paper is required for affidavits, lease agreements, buy and sale of property, indemnity bonds, sale deeds and a number of other different issues. A supply accustomed to the commerce, nonetheless, stated there was a brief provide of the actual denomination of stamp paper which is in nice demand and the state authorities has not lifted the identical from the Security Printing Press, Hyderabad regardless of intimation from the printing unit that the consignment is prepared for despatch.
“The state authorities positioned its indent for stamp papers of small denominations to the safety printing press, a Central authorities unit, in June. It has been greater than a month for the reason that printing of the stamp papers has been accomplished. It is the duty of the state authorities to rearrange transportation below correct safety.
The delay in transportation is because of some security-related difficulty,” sources stated. District collectors, extra district magistrates and sub-collectors are licensing authorities for stamp distributors. They are the competent authorities for cancelling the licence of a vendor who fees greater than the precise worth of the stamp paper, the treasury officer stated.
Curious case
Directorate of Treasury claims it has no data on the scarcity of Rs 10 stamp paper
Stamp paper of Rs 10 denomination already printed and prepared for dispatch from Hyderabad
Artificial scarcity of stamp paper of Rs 10 denomination can’t be dominated out
BHUBANESWAR: The acute scarcity of stamp paper within the denomination of Rs 10 within the state has hit folks onerous as they’re being pressured to purchase stamp papers of upper worth. The drawback has been compounded as benefiting from the shortage, some unscrupulous distributors are charging greater than the precise worth of the stamp papers.
Meanwhile even because the Directorate of Treasury right here stated there was no data on brief provide, native stamp distributors stated stamp paper of Rs 10 denomination was not out there for greater than per week.“We are not getting stamp paper of Rs 10 denomination from the local treasury. Similar is the situation in other districts including Puri. It may be available in other places of the state where the demand is less,” stated a stamp vendor on situation of anonymity.
On a conservative estimate, the common every day sale of stamp paper of Rs 10 denomination is greater than 6,000 within the capital metropolis, the seller stated. “Had it been the case, district treasuries and sub-treasuries could have brought it to the notice of the directorate. We will definitely probe the alleged scarcity of stamp paper when the courts re-open on Thursday,” stated an officer of the directorate coping with stamp paper to The New Indian Express.googletag.cmd.push(perform() googletag.show(‘div-gpt-ad-8052921-2’); );
Non-judicial stamp paper is required for affidavits, lease agreements, buy and sale of property, indemnity bonds, sale deeds and a number of other different issues. A supply accustomed to the commerce, nonetheless, stated there was a brief provide of the actual denomination of stamp paper which is in nice demand and the state authorities has not lifted the identical from the Security Printing Press, Hyderabad regardless of intimation from the printing unit that the consignment is prepared for despatch.
“The state authorities positioned its indent for stamp papers of small denominations to the safety printing press, a Central authorities unit, in June. It has been greater than a month for the reason that printing of the stamp papers has been accomplished. It is the duty of the state authorities to rearrange transportation below correct safety.
The delay in transportation is because of some security-related difficulty,” sources stated. District collectors, extra district magistrates and sub-collectors are licensing authorities for stamp distributors. They are the competent authorities for cancelling the licence of a vendor who fees greater than the precise worth of the stamp paper, the treasury officer stated.
Curious case
Directorate of Treasury claims it has no data on the scarcity of Rs 10 stamp paper
Stamp paper of Rs 10 denomination already printed and prepared for dispatch from Hyderabad
Artificial scarcity of stamp paper of Rs 10 denomination can’t be dominated out
