https://www.taxtmi.com/caselaws?id=173040 Sections 258 and 259 of the Indian Penal Code, 1860 impose liability where a person sells or offers for sale a stamp knowing, or having reason to believe, that it is counterfeit, or possesses a counterfeit Government stamp with the requisite knowledge and intent to use or dispose of it as genuine. The text explains that "knowledge" and "reason to believe" are distinct but related states of mind, inferable from surrounding circumstances. Here, the appellant's status as a licensed stamp vendor, the recovery of counterfeit stamps, and his unsupported explanation for possession were treated as sufficient to infer the necessary mens rea, and the conviction was upheld. en-us Tue, 20 Oct 1992 00:00:00 +0530 Wed, 04 Jun 2025 16:12:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173040 Sections 258 and 259 of the Indian Penal Code, 1860 impose liability where a person sells or offers for sale a stamp knowing, or having reason to believe, that it is counterfeit, or possesses a counterfeit Government stamp with the requisite knowledge and intent to use or dispose of it as genuine. The text explains that "knowledge" and "reason to believe" are distinct but related states of mind, inferable from surrounding circumstances. Here, the appellant's status as a licensed stamp vendor, the recovery of counterfeit stamps, and his unsupported explanation for possession were treated as sufficient to infer the necessary mens rea, and the conviction was upheld. Case-Laws Indian Laws Tue, 20 Oct 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173040