Provision

Whoever sells, or offers for sale, any stamp which he knows or has reason to believe to be a counterfeit of any stamp issued by Government for the purpose of revenue, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.


Simply put

Sale of counterfeit government stamp has been made an offence under this section. The section says that whoever either sells, or offers for sale, any stamp which he either knows or has reason to believe to be a counterfeit of any government stamp issued for the purpose of revenue, shall be punished with simple or rigorous imprisonment for a term extending up to seven years, and shall also be liable to fine.



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