Tirupur: There is shortage of stamp paper in many districts across Tamil Nadu including Coimbatore, Tirupur; The Tamil Nadu government has demanded immediate action.
There are 575 deed registration offices functioning under the registration department in Tamil Nadu. A stamp paper of Rs 5,000 to Rs 25,000 is mainly used to purchase property in the registry office. In Tamil Nadu, stamps are sold through more than 5,000 stamp vendors.
For the past one year, there has been an increase in the shortage of stamps worth Rs 5,000 to Rs 25,000, which are widely used by people in many districts of Tamil Nadu including Coimbatore, Nilgiris, Tirupur, Erode, Karur, Namakkal.
To avoid complications during deed registration, ‘e-stamping’ is also in place to pay electronic stamp duty. People are not willing to use this new system fully. Due to this, they are asking for stamp paper more. For them, scarcity continues without enough to supply.
Increased bond enrollment
Coimbatore District Stamp Dealers Association President Sundararaman said, “Coimbatore District Treasury and Sub-Treasury have not been issuing stamps ranging from five thousand to 25,000 rupees to stamp paper sellers for the past few months. When asked at the Dependent Treasury, they say that they did not come from Nashik. Coimbatore and Tirupur districts require high value stamp paper. The Tamil Nadu government should take action,” he said.
High value paper is not available
Coimbatore Zone Joint Director (Accounts/Treasury) Subbulakshmi said, “According to the demand for stamp papers for high value amounts, they are received from other districts and distributed district wise. Stamp paper is available in denominations ranging from Rs.10 to Rs.5,000. Stamp paper for higher value amounts does not come from Chennai. We are investigating in which area it is needed,” he said.
Will be investigated immediately
Tamil Nadu Registration Department Chief Shivanarul said, “There is no shortage of stamp paper. Scarcity is a lie. In which area it is not available will be immediately investigated. Even if there is no stamp paper, you can leave the lower value stamp paper on the first page only and pay the remaining amount ‘on line’. People can freely use the ‘e-stamping’ system,” he said.
Tirupur ‘Top’: Sold for Rs 145 crore
For the past few years, the government has not paid for the printing of stamps; People also say that this is an artificial scarcity created to bring the ‘e-stamping’ system to the people.
Information was collected about stamp paper not sold due to shortage. Then, it was received from Vellore, Karur, Tiruvallur, Kanchipuram, Chennai, Coimbatore, Nilgiris, Thiruvannamalai and delivered to Tirupur district.
Thus, in the last one year (from July 2021 to June this year) 5 thousand worth of stamp paper (35 thousand in number) – 17 crores, 50 lakh rupees; 10 thousand worth (13 thousand) – 13 crore rupees; 15 thousand worth (17 thousand, 500) – 26 crores, 25 lakh rupees; 20 thousand worth (19 thousand) – 38 crore rupees; 25 thousand (8 thousand) – 20 crore rupees, a total of 145 crore, 25 lakh rupees worth of stamp paper has been distributed and sold.
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