Act Number: 2

Act Name: The Indian Stamp Act, 1899

Year: 1899

Enactment Date: 1899-01-27

Long Title: An Act to consolidate and amend the law relating to Stamps,

Ministry: Ministry of Finance

Department: Department of Revenue

Section 68: Penalty for post-dating bills, and for other devices to defraud the revenue.
    Any person who,--
        (a) with intent to defraud the Government of duty, draws, makes or issues any bill of exchange or promissory note bearing a date subsequent to that on which such bill or note is actually drawn or made; or,
        (b) knowing that such bill or note has been so post-dated, endorses, transfers, presents for acceptance or payment, or accepts, pays or receives payment of, such bill or note, or in any manner negotiate the same; or,
        (c) with the like intent, practices or is concerned in any act, contrivance or device not specially provided for by this Act or any other law for the time being in force;
    shall be punishable with fine which may extend to one thousand rupees.
                                                    STATE AMENDMENT
     Arunachal Pradesh.--
Amendment of sections 68,--
    (7) in section 68, in clause (c), for the words "one thousand rupees", the words "two thousand rupees" shall be substituted.
    [Vide Arunachal Pradesh Act 3 of 2010, s. 2]
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