The value payable system is designed to meet the requirements of persons who wish to pay for articles sent to them at the time of receipt of the articles or of the bills or railway receipts relating to them, and also to meet the requirements of traders and others who wish to recover, through the agency of the Post Office the value of article supplied by them.
Registered Parcels, registered letters, registered book packets and newspapers prepaid with postage of newspaper rates of postage and with registration fee may be transmitted by the inland post as value payable postal articles, provided that the amount specified for remittance to the sender in the case of any such postal article does not exceed Rs.5,000/- and provided that such parcels, letters and packets do not contain coupons, tickets, certificates of introduction designed for the sale of goods on what is known as the “Snowball System”.
No such postal article as aforesaid will be accepted at any post office for transmission by post as a value payable postal article unless the sender declares that it is sent in execution of a bona fide order received by him. At any post office notified from time to time in this behalf by the Director General, the sender will in addition be required to declare that the article is one the transmission of which by post as a value payable postal article is permitted. No postal article as aforesaid will be accepted at these offices without such further declaration.
Explanation: An
article may be sent by the value payable post even
though it possesses no intrinsic value. Thus legal documents, bonds,
policies of insurance, promissory note railway goods and parcel
receipts, bills of leading or ordinary bills for collection may be sent as
value payable postal articles. In the case of a railway receipt of bill of
leading sent as a value payable postal article, it will
be sufficient for the purposes of this rule if the article to which railway
receipt of bill of leading relates has been sent in execution of a bona fide
order. In the case of the other documents specified the documents must be sent
in execution of a bona fide order to send the document itself.
Post
Office from and to which Value Payable Articles may be sent:
Value
payable postal articles can be posted at any post office that is a money order
office (with a few exceptions) for transmission to any other post
office that is a money order office.
(1) Every postal article intended to be transmitted by post as a value payable postal article must be presented at the post office with the prescribed printed form in which the sender must specify the sum to be remitted to himself full in the required entries (in ink) and sign the declaration required by clause 188. The sender must also write clearly on the face of the article itself:
(a)
in the upper left hand corner the letters “VP” followed by an entry in figures
and words of the amount for remittance to himself and
(b)
in the lower left hand corner – his own name and full address
Note: The
sender’s name and address may be indicated by clear impression of a
stamp on the value payable articles.
(2) Value
payable articles will not be accepted unless the town
of payment shown in the value payable money order
form is the one where the article has been booked.
(3) A
receipt will be given to the person who presents the article.
A procedure similar to that indicated in clause 167 for registered articles is available for the convenience of firms and other institutions posting at least ten uninsured value payable articles daily. No extra charge will be levied for this facility. Enquiries in this regard should be addressed to the local Superintendent of Post Offices.
Conditions
(1)
No article will be accepted at any post office for transmission by post as
value payable postal article if it is so small or so covered with writing or
sealing wax on the address side or otherwise made
up in such a manner as to render it impracticable
to affix to the article the prescribed official labels
of the Post Office.
Explanation: This
rule does not apply to an article which has an address labeled to it, provided
that the label is not so small or covered with writing on the address side as
to render it impracticable to affix to that side the prescribed official labels
of the Post Office.
(2) No
article on which the amount specified for recovery from the
addressee exceeds ₹ 100/- will be accepted at any post
office for transmission by post as value payable postal article unless it is
insured for at least the sum specified for remittance by the sender.
Explanation: This
rule does not apply to value
payable letters containing Railway receipts, bills, invoices,
documents, etc. of no intrinsic value and to value
payable packet containing printed papers, books, etc., sent under book packet
rates.
Payment
to Sender: When the amount due is recovered from the addressee, the sum
for payment, to the sender will be remitted to him by means of money order.
(1) If the addressee of a value payable postal article omits to take delivery of it within 7 days following the date of its first presentation or the date of delivery to him or to his accredited agent of an intimation of its arrival, the article will be returned to the sender on the 8th day: Provided that if in the meantime the addressee has applied in writing to the post office for detention of the article for a further period not exceeding seven days beginning with the said 8th day and pays the prescribed fee the article shall not be returned to the sender until the expiration of the further period covered by the application. Any fee so paid shall in no circumstances be refunded.
(2)
When a value payable Postal article is returned to the sender under
sub clause
(1)
the sender will be required to pay any charges that may be due on it and
to acknowledge receipt of the article by signing the form presented by the
postman. In no circumstances will any fee or fees prepaid
by the sender be refunded.
Insurance
of VP articles: The value declared for insurance need not correspond with
the amount specified by the sender for remittance to himself.
Thus, in the case of a watch returned
after repairs by value-payable post to its owner, the
amount to be remitted to the sender of the watch would be only the cost of
repairs while the sum insured would represent the value of the watch itself.
(1) Wherever the sender article addressee of a value payable postal article makes a complaint regarding the delivery of or payment for, the value payable postal article, he will be entitled to have an enquiry made by the post office on paying the prescribed fee. The fee will be paid by means of a postage stamps or stamps affixed to the letter of complaint. This fee will be refunded in cases where the complaint was found to be well grounded.
(2) The
complaint will be required to furnish full particulars regarding each value
payable article to which the complaint refers and
to pay the prescribed fee in respect of each article. No complaint will be
attended to unless made within six months of the date of posting of the
value payable article. The result of the
enquiry will be communicated by letter.
(3) When a complaint
is made regarding payment for
a V.P. article the V.P. money order will not be produced
unless and allegation of fraud or receipt practiced on
the sender is put forward, and the V.P. money order will only be
available for inspection at the post office at which
the Department finds it convenient to permit examination.
(4)
If a complaint is made by the addressee immediately after the receipt of a
value payable postal article, that it was sent dishonestly or fraudulently the
Head of the Circle may if he is satisfied that there
are prima facie grounds for believing that the value payable postal article was
sent with the intention of defrauding the addressee,
withhold the payment to the sender of the
money recovered from the addressee. If
after making such enquiries as may be necessary, he is fully
satisfied that the value payable postal article was sent with this intention
he may order the return of the article to the sender
and refund to the addressee the sum of money recovered from him on delivery of
the value-payable postal article.
Explanation: Impression
of a stamping machine made b a competent authority shall be
tantamount to affixing stamps of corresponding value.
The Central Government shall not incur any liability in respect of the sum specified for remittance to the sender in respect of a value payable postal article unless and until that sum has been received from for remittance to the sender in respect of a value payable within six months from the date of posting of the article.
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