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