Notice for Collection of Stamp Duty

 

  Dated: 8th January 2020

NOTICE

 

This is with reference to the Indian Stamp (Collection of Stamp Duty through Stock Exchanges, Clearing Corporations and Depositories) Rules, 2019 notification, dated December 10, 2019 issued by Ministry of Finance (Department of Revenue) to regulate the centralised mechanism for the collection of the stamp duty across the country.

 

In view of the above, CSE will collect stamp duty from members and pay to respective Clearing Corporation at present Indian clearing Corporation Ltd (ICCL), with effect from  January 09, 2020. Stamp duty will compute and collect stamp duty as per the below stipulated rates in accordance with the provisions as specified in the Indian Stamp Act, 1899 and Indian Stamp Rules 2019.

 

Rate of Stamp Duty :-

Sr. No.

Segment

Applicable Stamp Duty Rate

Applicable on

1

Equity Cash

 

 

 

case of Delivery (Security other than debenture)

0.015%

Buyer

 

In case of Non-Delivery (Security other than debenture)

0.003%

Buyer

 

Transfer of Debentures

0.0001%

Buyer

 

Transfer of Government Securities

0.00%

Buyer

 

 

 

 

2

Equity Derivatives

 

 

 

Equity Futures

0.002%

Buyer

 

Equity Options

0.003%

Buyer

 

Delivery Settlement

Security other than debenture on delivery basis

Security other than debenture on non-delivery basis

 

0.015%

0.003%

 

Receiver

Receiver

 

 

 

 

3

Debt Market

 

 

 

Transfer of Government Securities

0%

Buyer

 

Tri-party Repo on Corporate Bonds

0.00001%

Buyer

 

Transfer of Debentures

0.0001%

Buyer

 

 

 

 

4

Offer for Sale, Tender-Offers for Takeovers, Buy Back and Delisting of Securities

0.015%

Seller / Offeror

Members are requested to note the details of stamp duty reports shall be generated segment wise and made available at the end of trading day.

Prosenjit Dutta

 

Chief Financial Officer