Re: [silk] Abu Bangalore?

2006-01-17 Thread A. M. Merritt
On 1/17/06, Devdas Bhagat [EMAIL PROTECTED] wrote: On 17/01/06 10:58 -0800, A. M. Merritt wrote: On 1/17/06, Thaths [EMAIL PROTECTED] wrote: On 1/5/06, Thaths [EMAIL PROTECTED] wrote: IIRC, the guy that was arrested in the Stamp Paper scam was also subjected to this (aside: whatever

Re: [silk] Abu Bangalore?

2006-01-17 Thread Devdas Bhagat
On 17/01/06 11:21 -0800, Thaths wrote: On 1/17/06, A. M. Merritt [EMAIL PROTECTED] wrote: On 1/17/06, Devdas Bhagat [EMAIL PROTECTED] wrote: Basically, anything which requires the payment of small amounts of fees, and a lot of paperwork/documentation. Stuff like legal agreements (of

Re: [silk] Abu Bangalore?

2006-01-17 Thread Badri Natarajan
that you pay a certain amount of money to get that stamp. So a contract isn't official unless it's on stamp paper? It sounds like a way for the guvmint to account for fee payment, and to extract money for blessing contracts and agreements of any kind. I can now see why it's a big deal to

Re: [silk] Abu Bangalore?

2006-01-17 Thread A. M. Merritt
On 1/17/06, Suresh Ramasubramanian [EMAIL PROTECTED] wrote: Badri Natarajan wrote: But yes, it is a tax on transactions by the government - big revenue earner too. The use of stamp duty is decreasing though - as I recall, only two things (under English law) are still subject to it - sales

Re: [silk] Abu Bangalore?

2006-01-17 Thread sriram bala
On 1/18/06, A. M. Merritt [EMAIL PROTECTED] wrote: Now that I think about it, the only thing I see around here (inthe US) that has a tax stamp on it is imported liquor.Isometimes hear quiet tales of bootlegged untaxed liquorsmuggled down from Canada, and it won't have a tax stamp, that's for