
This is Jaypur 1904 ½A Chariot of Surya ultramarine lithograph (SG 3b) with rough perf.14, printed on unwatermarked gummed paper from Plate III by Jaypur State Printing Press, Jaypur in sheets of 24 (4×6).
This stamp is from position R1/2(2) in the sheet, characterized by the gap in the top right corner between the horizontal and verticular outer framelines, with the combination of raised
TE of
STATE and the upper stroke of I of Sawai in Devnagari touching the inner frameline.
Here is a complete sheet of Jaypur 1904 ½A Plate III.
(from "Haggisphile peterh")

Each stamp was individually drawn on the lithographic stone, thus resulting many variations in the stamps, especially in the short line below the chariot and the letterings.
The stamps in the sheet are arranged 1½ to 2mm apart and the peripheral stamps are bordered with a rectangular outer frameline (14.5cm×21.2cm) which runs at 2mm distance from the stamps in all 4 sides of the sheet.
Each sheet has control mark written in manuscript in red ink in Devnagari, generally in the top right corner.
The inscription
HALF ANNA in each stamp measures 16-17mm.
Vignette: It features Chariot of Surya which was an intricate part of the ruling Kachhvaha Dynasty of the Indian feudatory state of Jaypur (1128-1948) as it belongs to Suryavanshi dynasty which traces its lineage to mythological ruler Ikshvaku.
Thus the Surya the Sun God is very important to Jaypur state.
The left side shows the inscription
Adh Ana i.e. Half Ana and below is
Sawai Jaypur, both in Devnagari script.
Sawai means 1¼ which was used by Jaypur to indicate that Jaypur state was more important than other states by a factor of ¼.