Nation Current Affairs 16 Dec 2017 Andhra Pradesh: Publ ...

Andhra Pradesh: Public hit by stamp paper shortage

DECCAN CHRONICLE.
Published Dec 16, 2017, 7:48 am IST
Updated Dec 16, 2017, 7:48 am IST
The officials are saying that the public need not worry, as they can pay the stamp duty through online or through banks.
Some of the registrations were also delayed as the Rs 100 stamps are not available. (Representational Image)
 Some of the registrations were also delayed as the Rs 100 stamps are not available. (Representational Image)

Tirupati: People wait for new stamp papers for registrations as they are out of stock. People in Chittoor District are face troubles as registration stamps are listed out of stock. The Rs 100 non judicial stamp papers are not available for more than three months. Some of the registrations were also delayed as the Rs 100 stamps are not available. There are 25 sub register offices in Chittoor and Balaji urban registration District. Most of the offices are now have out of stock boards displayed. 

The officials are saying that the public need not worry, as they can pay the stamp duty through online or through banks. If the public rally wants the stamps they have other denomination stamp papers, as there is no rule that only Rs 100 stamps should be used for registrations. 

 

The people doing registrations are feeling that they should have a stamp paper for sure, when they register any asset. As it is been a tradition that the stamp papers act as the evidence for the assets. While some are unable to do online transactions or bank transfers, the problem persists mostly in rural areas. 

The sellers should pay a stamp duty of 6.5 percent apart from the registration fee. Before the forgery stamps scam in 2001 the government had stamps of Rs 25000 denominations too, after the scam it was cancelled and Rs 5000 denomination stamp paper stood as the highest till November, 2003. Then the government has made the Rs 100 stamps stand as the highest denominated stamps till date. 

 

Speaking to DC, V.S.R. Prasad, District Registar, Balaji Registration District said, “We had sent the indent for 2 lakh stamps, we are still waiting to receive them after getting printed from Nasik. Expecting the stamp papers to arrive within a month, the public have many other options to go with, we urge them to utilise the banking sector for stamp duties.” Meanwhile the black marketers had already started their business by selling the Rs 100 stamp papers for Rs 200 and above in some areas. The officials should also concentrate on the black market.

 

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