Allowance for spoiled or misused stamps how to be made.—in an y — THE INDIAN STAMP ACT, 1899 (2 of 1899)

53. Allowance for spoiled or misused stamps how to be made.—in an y in which allowance is made for spoiled or misused stamps, the Collector may 53. Allowance for spoiled or misused stamps how to be made.—in an y case in which allowance is made for spoiled or misused stamps, the Collector may give in lieu thereof— give in lieu thereof— (a) other stamps of the same description and value; or (b) if required iption and value; or (b) if required and he thinks fit. stamps of any other description to the same t in value; or amount in value; or (c) at his discretion, the same value in money, deducting ten naye paise for rupee or fraction of a rupee. (c) at his discretion, the sam each rupee or fraction of a rupee. Allowance for stamps not required for use.—When any person is to the Collector's satisfaction— (a) that such stamp or stamps were purchased by such person with a bona ntention to use theni; and (a) that such stamp or st fide intention to use theni; and (b) that he has paid the full price thereof: and (c) that f: and (c) that they were so purchased within the period of six months next preceding te on which they were so delivered: (c) that they were so purchased within the date on which they were so delivered: Provided that where the person is a licensed vendor of stamps, the Collector if he thinks fit, make the repa2yment of the sum actually paid by the vendor ovided that where the person is a licensed vendor of stamps, the Collector may, if he thinks fit, make the repa2yment of the sum actually paid by the vendor without any such deduction as aforesaid. may, if he thinks fit, make the repa2yment without any such deduction as aforesaid. Comments and Case-law

Section 53