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CC/EXT/077- CHANGE IN STAMP DUTY RATES

With reference to the Gazette Notification dated 10th Dec 2019 and the circulars and FAQs issued by the exchanges in this regard with effect from 1st July 2020 onwards, exchanges will be collecting stamp duty as per the details mentioned below:

Type of Security Particulars Stamp Duty Rate Applicable to
Cash Segment Transfer of Securities other than Debentures on Delivery Basis 0.015% Buyer
Transfer of Securities other than Debentures on Non-delivery Basis 0.003% Buyer
Derivatives Segment Trades Executed in Futures including Commodities 0.002% Buyer
Trades Executed in Options 0.003% Buyer
Trades Executed in Currency 0.0001% Buyer

For off-market purchase and sale of securities, depositories will collect the stamp duty @0.015% on the consideration amount by the transferor of the securities. The stamp duty is to be paid by the transferor of securities on an upfront basis prior to execution of DIS slip.

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