|Price of One Rupee Indian Revenue Stamps including shipping and handling charges to|
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Revenue Stamps are used to collect fees or revenue for maintaining courts. There is a law called Indian Stamp Act 1899. This law was amended for 51 times since 1899 to 2004. Under section 30, if you make a payment of more than Rs. 5000/- to any other, then you can insist on getting a stamped receipt with Re 1/- revenue stamp.
As per Indian Stamp Act, certain receipts should have to be affixed with stamp. Section 2(23) of the Indian Stamp Act 1899 makes it mandatory for affixing of stamp on any receipt as defined therein above Rs 5000 [Previously it was Rs 500]
For more information on Indian Stamp Act 1899, please refer the Department of Revenue, Government of India website http://dor.gov.in/theindianstampact
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