Authority Letter & Affidavit

anckoora (Querist) 27 February 2010 This query is : Resolved
dear sir,
we are dealers' in gold/silver/diamond ornaments. our employee take ornaments on approval basis to a dealer-and bring back the same from time to time. We do proper documentation for this transaction.
To avoid in-transit hassel , say by police, octroi, s.tax etc dept, we have given them our authority letter on 100 rupee stamp paper (duly notarised)and also affidavit pertaining to his job of carrying the valuable ornaments.
pl let us know(1) the validity of this affidavit and letter of authority(2) we understand that it is for six months only-as validy of the stamp paper itself is six months. We are confused.
seeking your advise.
thanks
anckoora

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Kumar Thadhani (Expert) 02 March 2010
The authority letter and affidavit will not affect the validity of the stamppaper.The documents prepared you are perpetual unless revoked.

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