GOPINATHJI Revenue Stamp Used for Rent Receipts, Cash Receipts, Fixed Term Deposit Or Bonds | Each Revenue Stamp is of 100 paisa | Pack of 10 Pcs Revenue Stamps

About GOPINATHJI Revenue Stamp Used for Rent Receipts, Cash Receipts, Fixed Term Deposit Or Bonds | Each Revenue Stamp is of 100 paisa | Pack of 10 Pcs Revenue Stamps

• IMPORTANCE :- Revenue Stamps are generally used to affix on receipts, as the government expects a small tax to be paid on all transactions over and above Rs.5000
• USED :- whereby any money, or any bill of exchange, cheque or promissory note is acknowledged to have been received, or any other movable property is acknowledged to have been received in satisfaction of a debt, or any debt or demand.
• If you make a payment of more than Rs. 5000/- to any other, then you can can insist on getting a stamped receipt with Re 1/- revenue stamp.
• Actually revenue stamp is not used for the purpose of authentication, it is used to generate revenue. It was first implemented by the British during for the East India company.
• INCLUDED COMPONENTS :- 10 Pcs Revenue Stamps, Each stamp is of 100 paisa