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Indian Laws - Highlights / Catch Notes

Home Highlights November 2021 Year 2021 This

Waiver off of fully cash handling charges collected from the ...


Court Rules Cash Handling Charges on Stamp Vendors Illegal; Directs No Fees at SBI for Treasury Deposits.

November 16, 2021

Case Laws     Indian Laws     HC

Waiver off of fully cash handling charges collected from the stamp vendors by the Bank - The Collection of cash handling charges from the stamp vendors/petitioners by the 2nd and 3rd respondents are declared as illegal and without any authority. Accordingly, the respondents 2 and 3 are directed, not to collect any cash handling charges from the stamp vendors, while depositing cash in Government accounts through Treasury Challans in any of the branches of the State Bank of India. - HC

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