Indian Stamp Act, 1899
54A. Allowances for stamps in denomination of
annas
Notwithstanding anything contained in section 54, when any
person is possessed of a stamp or stamps in any denominations, other than in
denominations of annas four of multiples thereof and such stamp or stamps has
or have not been spoiled, the Collector shall repay to such person the value of
such stamp or stamps in money calculated in accordance with the provisions of
sub-section (2) of section 14 of the Indian Coinage Act, 1906, upon such person
delivering up, within six months from the commencement of the Indian Stamp
(Amendment) Act, 1958, such stamp or stamps to the Collector.]