Provision

Whoever has in his possession any stamp which he knows to be a counterfeit of any stamp issued by Government for the purpose of revenue, intending to use, or dispose of the same as a genuine stamp, or in order that it may be used as a genuine stamp, 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

The section states that whoever possesses any stamp with the knowledge that it is a counterfeit of any stamp issued by the government for the purpose of revenue, with the intention either to use it, or dispose it of, as a genuine stamp, or in order that it may be used as a genuine stamp, shall be punished with simple or rigorous imprisonment for a term extending up to seven years, and shall also be liable to fine.



Have a Legal Issue?
Get connected to the Best Lawyers and Chartered Accountants Near You!


You might like reading these


Most Consulted Advocates

Choose from our most consulted lawyers across India and get instant legal advice.

Top Consulted Advocates

Choose from our most consulted lawyers across India and get instant legal advice.