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Wednesday, April 21, 2021
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    Assam: Black market of stamp paper emerges in city

    The stamp paper of Rs 1, Rs 2, Rs 5, Rs 10, Rs 20 and Rs 50 have all become a scarce asset in the premises of the Deputy Commissioner’s court it the city.

    Guwahati: A black market of stamp paper has emerged in Guwahati with there being an acute shortage of stamp paper of the lower denomination in the city.

    The stamp paper of Rs 1, Rs 2, Rs 5, Rs 10, Rs 20 and Rs 50 have all become a scarce asset in the premises of the Deputy Commissioner’s court it the city.

    The vendor now charge inflated lawyer rates ranging from Rs 60 for Rs 20 stamp paper to Rs 100 for Rs 50 stamp paper.

    The shortage of stamp paper has even led to inflated lawyer fees. It is known that, the black market which emerged has engaged in selling the stamp paper in inflated rates. The stamp papers of the lower denomination have been short supply for the past two years, due to which many vendors have to procure them from other district and then sell them at inflated prices citing transportation cost, sources say.

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