https://www.taxtmi.com/caselaws?id=296742 A State rule on stamp paper purchase could not invalidate a promissory note falling within Parliament's exclusive competence on stamp duty rates, because the rule could not attach invalidity merely due to purchase of the stamp paper in another State. The defect from using stamp paper of another State was treated as a matter of improper description, and the Stamp Act with the Rules provided a certification mechanism to cure it. The instrument was therefore not inherently void or inadmissible, and the objection to admissibility was set aside. en-us Wed, 31 Oct 2012 00:00:00 +0530 Thu, 05 Aug 2021 14:49:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296742 A State rule on stamp paper purchase could not invalidate a promissory note falling within Parliament's exclusive competence on stamp duty rates, because the rule could not attach invalidity merely due to purchase of the stamp paper in another State. The defect from using stamp paper of another State was treated as a matter of improper description, and the Stamp Act with the Rules provided a certification mechanism to cure it. The instrument was therefore not inherently void or inadmissible, and the objection to admissibility was set aside. Case-Laws Indian Laws Wed, 31 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296742