Stamping your agreements is critical for enforceability. Stamp paper Can you buy stamp paper in advance and store it? Sometimes, you may a situation arises that you purchase a stamp paper but due to some reasons, were not able to use them. It is entirely possible that if you need a stamp paper of same value or a value more than the value of that stamp, you may want to use the same stamp instead of wasting more money to buy a new one. Here is everything you need to know about its validity and usage. Validity and expiry of old stamp paper: As per Section 54 of the Indian Stamp Act, if you do not have any immediate use of a stamp paper, then you can deposit it back to the collector within six months from the date of purchase and take back your money as a refund after deduction of 10 paise per rupee. In Thiruvengada Pillai Vs. Navaneethammal & Anr. ( see here ), it was held by the Supreme Court that a stamp paper, even if it is more than six months old, is...
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