Section 53: Allowance for spoiled or misused stamps how to be made.

In any case in which allowance is made for spoiled or misused stamps, the Collector may give in lieu thereof —

(a) other stamps of the same description and value; or

(b) if required and he thinks fit, stamps of any other description to the same amount in value; or

(c) at his discretion, the same value in money, deducting ten nayepaise for each rupee or fraction of a rupee.