Allowance for stamps not required for use

Section 63 of the Rajasthan Stamp Act, 1998 deals with allowance for stamps not required for use. When any person is possessed of a stamp or stamps which have not been spoiled or rendered unfit or useless for purpose intended, but for which he has no immediate use, the Collector shall repay to such person the value of such stamp or stamps in money, deducting ten paise for each rupee or portion o The Act was enacted on 24 Mar 1999.

When any person is possessed of a stamp or stamps which have not been spoiled or rendered unfit or useless for purpose intended, but for which he has no immediate use, the Collector shall repay to such person the value of such stamp or stamps in money, deducting ten paise for each rupee or portion of a rupee, upon such person delivering up the same to be cancelled, and proving to the Collector's satisfaction,--

(a) that such stamp or stamps were purchased by such person with a bonafide intention to use them; and

(b) that he had paid the full price thereof; and

(c) that they were so purchased within the period of six months next preceding the date on which they were so delivered:

Provided that, where the person is a licensed vendor of stamps, the Collector may, if he thinks fit, make the repayment of the sum actually paid by the vendor without any such deduction as aforesaid.

¹63-A. Invalidation of stamps and saving.- Notwithstanding anything contained in section 58, 61, 62 & 63-

(a) any stamp which has been purchased on or after the date of commencement of the Rajasthan Finance Act, 2013 (Act No. 12 of 2013) (hereinafter referred to as the said date) shall be used or presented for claiming allowance within a period of six months from the date of purchase. Any such stamp, which has not been used or no allowance has been claimed in respect thereof within the period of six months from the date of purchase, shall be rendered invalid;

(b) any stamp which has been purchased but has not been used or no allowance has been claimed in respect thereof before the said date, may be used or presented for claiming the allowance under the relevant provisions of the Act within a period of six months from the said date. The stamp which has not been used or presented within the aforesaid period of six months shall be rendered invalid.

Section 63, The Rajasthan Stamp Act, 1998 (Act 14 of 1999).