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  2. Jul 12, 2024 · What is a Revenue Stamp? The purpose of revenue stamps (India) is to collect fees or income for the maintenance of courts. The Indian Stamp Act of 1899 is a statute – between 1899 and 2004, it was revised 51 times.

  3. In 1954, Dadra and Nagar Haveli was liberated from Portuguese India and it issued a single revenue stamp. After the liberation of Goa in 1961, Portuguese Indian revenues were overprinted with new values in Indian currency for use as Court Fee or Revenue stamps.

  4. Nov 6, 2023 · The primary function of a revenue stamp is to serve as tangible evidence of the payment of a tax or duty that is required for a specific transaction or document. These stamps play a pivotal role in revenue collection for the government, ensuring that financial and legal transactions are conducted in compliance with tax regulations.

  5. Apr 25, 2024 · Overall, revenue stamps play a vital role in India’s legal and financial landscape, serving as a tangible symbol of compliance, accountability, and legality in official transactions.

  6. Sep 13, 2023 · Revenue stamps are stamps that are used to prove that a tax or fee has been paid. These stamps are commonly used in the financial and legal sectors to authenticate documents such as contracts, agreements, and deeds. In India, revenue stamps are widely used in a variety of settings, including government and legal transactions.

  7. As per Section 3 of Indian Stamp Act, certain receipts/instruments and other documents are required be affixed with revenue stamp. The section 2(23*) in of Indian Stamp Act, 1899 defines ‘Receipt’ as under.

  8. Apr 21, 2023 · The revenue stamps are used for the sake of indicating the payment paid on any object or paper. So, let us check the details of what a revenue stamp is and the purpose it serves. What Is A Revenue Stamp? A revue stamp is mainly a means for the sake of collecting income or fees which, in turn, is used for maintaining the courts.