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Revenue stamps show that the appropriate taxes have been properly paid. They can be affixed to legal documents, such as deeds and registrations, as well as products such as alcohol and cigarettes to show the taxes have been paid.
Wiki User
∙ 12y ago
Wiki User
∙ 13y agoRevenue is the word used in many places for tax. Revenue stamps were used to indicate that the appropriate tax was paid. You will find them on things like stock transfer documents and property deeds.
Wiki User
∙ 12y agoThey paid taxes. You can still find them on things like deeds. Liquor and tobacco products typically have a revenue stamps attached to them.
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What is a Bill stamp?
A Canadian revenue stamp.
Is revenue stamp is required if the employer transfer the salary to employees saving account and not by way of cash as per Indian revenue stamp act?
No. Revenue stamps are applicable on cash payment.
Why you are using revenue stamp in bill of lading?
Bill of lading is legal contract document. Without revenue stamp it mere a contract and it has no legal document but after putting (affixing) revenue stamp it become legal. Government issues revenue stamps to collect the tax. by affixing revenue stamps on b/l, it shows that documentary tax is paid.
What was the tax of the stamp act?
it was a revenue tax
How can you buy Indian revenue stamp?
ebay
Pictures of Guyana postage and revenue stamps?
picture of Guyana postage and revenue stamp
What act of 1764 and the stamp act of 1764 and the stamp act of 1765?
to create revenue for the British government
When India launched one rupee revenue stamp?
1985
What is cost of revenue stamp in India?
I hope it is around 1 INR
What kind of tax was the Stamp Act?
it was a revenue tax
What is the latest limit of revenue stamp?
The latest limit is above RS 5000.
When new indian one rupee revenue stamp launched in which year?
2009
