Hey folks, here’s the latest scoop from Pune – the Maharashtra State Government has thrown a curveball by making ₹500 stamp papers a must for official and legal documents. But hold on, there’s a twist in the tale – seems like there’s a shortage of these ₹500 stamp papers in the market.
To tackle this sticky situation, the Registration and Stamp Duty Department has come up with a workaround. They’ve given the green light for using five ₹100 stamp papers as an alternative when the ₹500 ones are nowhere to be found. Smart move, right?
Now, before this new rule came into play, people were happily using ₹100 to ₹200 stamp papers for stuff like affidavits and rights waivers that didn’t involve government offices. Sales were going strong at around 8 to 10 lakh units per year. But looks like the lower denominations weren’t cutting it when it came to covering printing costs. So, the powers-that-be decided to up the ante and increase the stamp paper denominations.
Fast forward to today, and it’s ₹500 stamp papers all the way for most non-governmental transactions. But with demand outstripping supply, the market is facing a shortage of these coveted ₹500 stamp papers. It’s like trying to find a needle in a haystack!
But fear not, dear citizens. Authorized stamp sellers have been given a heads-up to make life easier for you during this stamp paper shortage. So, keep calm and carry on with your paperwork – there’s always a solution in sight, even when the ink is running dry.
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