1.what are the duties and responsibilities of stamp vendor,
2.what are the checks and inspections made by the stamps and registration department over the stamp vendors
mallikarjuana 01 July 2023
1.what are the duties and responsibilities of stamp vendor,
2.what are the checks and inspections made by the stamps and registration department over the stamp vendors
T. Kalaiselvan, Advocate (Advocate) 01 July 2023
Stamp Vendor means a licensee authorised to sell stamps under these rules.
The grant of a licence to a Stamp Vendor, to vend stamps. Section 74 of the Indian Stamp Act empowers the State Government to make rules regulating the supply and sale of stamps and stamped papers and also the appointment of persons by whom alone such sale is to be conducted.
the District Registrars can make appointment of licensed vendors in the newly created posts as well as in the existing posts which are vacant either temporarily or permanently. The District Registrars are also empowered to grant leave to the licensed vendors for a period not exceeding three months at a time. There are provisions obliging the appointing authority to follow an order of preference. The licensed vendors appointed under these Rules are obliged to maintain certain records and they are also obliged to sell only such nature, category and denomination of stamps and within such geographical limits as are indicated in their licenses.
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