263. Erasure of mark denoting that stamp has been used.
Whoever, fraudulently or with intent to cause loss to Government, erases or removes from a stamp issued by the Government for the purpose of revenue, any mark, put or impressed upon such stamp for the purpose of denoting that the same has been used, or knowingly has in his possession or sells or disposes of any such stamp from which such mark has been erased or removed, or sells or disposes of any such stamp which he knows to have been used, shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.
CLASSIFICATION OF OFFENCE
Punishment—Imprisonment for 3 years, or fine, or both—Cognizable—Non- bailable—Triable by Magistrate of the first class—Non-compoundable.
- Top 138 Legal Maxims for Law Exams - 7th January 2024
- 10 Legal Jobs and Career Options After Law in 2024 - 7th January 2024
- 11 Tips to Pass AIBE With Bare Acts and MCQ Tests in 2024 - 7th January 2024