RAYMOND LTD. vs STATE OF CHHATTISGARH .

The Supreme Court interpreted Sections 31, 32, and 56 of the Indian Stamp Act, 1899, in the context of a dispute regarding the jurisdiction of the Board of Revenue to revise a stamp duty assessment. The Court held that a clear distinction exists between Sections 31 and 32, emphasizing that once the stamp duty is paid and the document is certified under Section 32, a legal fiction arises that precludes further revision under Section 56(4). Consequently, the appeal was dismissed, affirming the High Court's decision.