Dated: 1st July 2020
NOTICE
Sub : Revised Date for Collection of Stamp Duty
With reference to Notice dated January 8, 2020 and January 9,2020 on the captioned subject, Member are hereby informed that CSE will collect stamp duty from members and pay to respective Clearing Corporation at present Indian clearing Corporation Ltd (ICCL), with effect from July 01, 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 |
0.015% |
Receiver |
|
Basis Security other than debenture on non-delivery basis |
0.003% |
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 refer the aforesaid circulars pertaining to computation methodology in respect of calculation and collection of stamp duty for various segments.
For The Calcutta Stock Exchange Ltd.
Prosenjit Dutta
Chief Financial Officer