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Stamp paper vendors fleecing customers

Stamp paper vendors fleecing customers Islamabad March 6, 2021 Rawalpindi: The stamp vendors are creating an artificial shortage of stamp paper of Rs50 and Rs100 and selling them in ‘black’ at rates of Rs200 and Rs300. The Rs50 or Rs100 stamp paper is the most used document in Nadra, police, property matters, and utility connections. Interestingly, Rawalpindi Stamp Vendors Association (RSVA) admitted that stamp paper of Rs50 and Rs100 were being sold on higher prices. There are more than 300 licensed vendors who can sell stamp paper to litigants. The shortage of the paper has forced thousands of people every day to buy an Rs200 paper in place of Rs50, which cost them up to Rs400 if drafting charges and stamps of the notary public and oath commissioner (lawyers) are also included.

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