Is revenue stamp and postage stamp same?

Postage stamps basically define the amount paid by the sender to the postage department to send a given letter or a parcel, while revenue stamps are used for legal purpose and can be considered as a legal receipt for taxes or government fees.

What is revenue stamp in post office?

‘Revenue stamps are out of stock’. It is over one and half month, the revenue stamps are not available in any post office in the town in general and district in particular. However, the stamps are available with local vendors, stationery shops and even paan shops in various parts of the town.

Is revenue stamp impressed stamp?

Pre-printed revenue stamps They are distinct from impressed duty stamps in being neither impressed nor embossed. Pre-printed revenue stamps were often included in the design of cheques to prevent the need to separately stamp each cheque.

Is there a difference between postage stamps?

What Is the Difference Between Postage and Stamps? Postage is the price a customer pays to have the U.S. Postal Service (USPS) deliver a letter or package. Stamps are one type of postage indicia. Stamps may be issued by the USPS alone.

Why revenue stamp is required?

Revenue Stamps are used to collect fees or revenue for maintaining courts. There was a law called e Indian Stamp Act 1899. Stamping of receipts or main documents evidencing giving and taking of money also need such revenue and the revenue stamp is affixed in proof of that.

What is the purpose of a tax stamp?

Essentially, tax stamps are evidence of the payment of tax. Tax stamps have been historically required since excise taxes were first imposed on tobacco products, much like stamps are used on other licenses and products states regulate (e.g., hunting, alcohol sales).

What are revenue stamps used for?

A revenue stamp, tax stamp, duty stamp or fiscal stamp is a (usually) adhesive label used to collect taxes or fees on documents, tobacco, alcoholic drinks, drugs and medicines, playing cards, hunting licenses, firearm registration, and many other things.

https://www.youtube.com/watch?v=OHusiy5OGK0