Para 19.6 — MSO (A&E)
Original Rule Text
19.6 The procedure for drawal of discount of stamps varies. In some States the discount is entered in a schedule against each item of sale, and a receipt is signed by the vendor on or apart from the schedule, the application of the proper rate of discount being usually certified by the Treasury Officer. In other states, a bill for the discount in an Abstract form is sent to the Accountant General through the competent authority whose counter signature is the Accountant General’s authority for admitting the charge.
Plus and Minus Memoranda of Postal Stamps
What This Means
The procedure for drawing discount on stamps varies by state. In some states, the discount is recorded in a schedule against each sale item and signed by the vendor, with the Treasury Officer certifying the correct rate. In other states, a separate abstract bill is sent through the competent authority to the Accountant General, whose countersignature authorizes the charge.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Stamp discount procedures differ across states
- 2Some states record discount against each sale in a schedule signed by the vendor
- 3Treasury Officer certifies the correct rate of discount in schedule-based states
- 4Other states use an abstract bill sent through competent authority to the AG
- 5The AG's countersignature serves as the authority for admitting the discount charge
Practical Example
In State A, a licensed stamp vendor sells stamps worth Rs. 1 lakh in a month. Each sale and the applicable discount are entered in a schedule, the vendor signs it, and the Treasury Officer certifies the discount rate is correct before forwarding to the AG. In State B, the vendor submits an abstract bill for total discount earned, which goes through the District Collector to the AG for countersignature and payment.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
Is there a uniform procedure for stamp discount across all states?▼
Who has the final authority to admit the stamp discount charge?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.