https://www.taxtmi.com/article/detailed?id=9750 The central stamp statute permits use of previously purchased stamp papers beyond the refund period because the refund provision concerns only reclamation of value and does not impose an expiry on use. However, specific state laws treat unused stamps as invalid if not used or surrendered within a prescribed period, creating state-level exceptions to the central rule and requiring attention to state stamp legislation for validity. en-us Thu, 15 Apr 2021 08:53:23 +0530 Thu, 15 Apr 2021 08:53:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9750 The central stamp statute permits use of previously purchased stamp papers beyond the refund period because the refund provision concerns only reclamation of value and does not impose an expiry on use. However, specific state laws treat unused stamps as invalid if not used or surrendered within a prescribed period, creating state-level exceptions to the central rule and requiring attention to state stamp legislation for validity. Articles Corporate Laws / IBC / SEBI Thu, 15 Apr 2021 08:53:23 +0530 https://www.taxtmi.com/article/detailed?id=9750