Amendment status not verified — confirm the current text below against the official source.
When any person is posses sed of a stamp or stamps which have not been spoiled or rendered unfit or useless for the purpose intended but for which he has no immediate use, the Collector shall repay to such person the value of such stamp or stamps in money, deducting six paise for each rupee or portion of a rupee, upon such person delivering up the same to be cancelled, and proving to the Collector'ssatisfaction (a) that such stamp or stamps were purchased by such person with a bonafi de intention to use them; and (b) that he has paid the full price thereof, and (c) that they were so purchased within the period of six months next pre-ceding the date on which they were so delivered : Provided that, where the person is a licensed vendor of stamps, the Collector may, if he thinks fit, make the repayment of the sum actually paid by the vendor without any such deduction as aforesaid.