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NOTICES
Notice No.   20130524-18   Notice Date   24 May 2013
Category   Trading   Segment   General
Subject   Revision in Securities Transaction Tax (STT) Rates
 
Content

 

Further to Exchange Notice No. 20060526-5 dated May 26, 2006, and Notice No. 20120618-21 dated June 18, 2012 we would like to inform you that as per the Finance Act 2013, the rates of levy of Securities Transaction Tax (STT) on certain transactions entered into in a recognised stock exchange have been revised with effect from June 1, 2013.
 
All trading members are hereby informed that the rate of Securities Transaction Tax (STT) shall be charged at the rates as mentioned in table below with effect from June 1, 2013 –
 

Sr No
Taxable Securities Transactions
Effective till 31.05.13
Effective from 01.06.13
Payable by
1.
Purchase of an equity share in a company, where –
(a) the transaction of such purchase is entered into in a recognised stock exchange; and
(b) the contract for the purchase of such share is settled by the actual delivery or transfer of such share.
 
0.1%
0.1%
(No change)
Purchaser
1.A
Purchase of an unit of an equity oriented fund, where -
(a) the transaction of such purchase is entered into in a recognised stock exchange; and
(b) the contract for the purchase of such unit is settled by the actual delivery or transfer of such unit.
0.1%
NIL
-
2.
Sale of an equity share in a company, where -
(a) the transaction of such sale is entered into in recognised stock exchange; and
(b) the contract for the sale of such share is settled by the actual delivery or transfer of such share.
0.1%
0.1%
(No change)
Seller
2A.
Sale of an unit of an equity oriented fund, where -
(a) the transaction of such sale is entered into in a recognised stock exchange; and
(b) the contract for the sale of such unit is settled by the actual delivery or transfer of such unit.
 
0.1%
0.001%
 
Seller
3.
Sale of an equity share in a company or a unit of an equity oriented fund, where --
(a) the transaction of such sale is entered into in a recognised stock exchange; and
(b) the contract for the sale of such share or unit is settled otherwise than by the actual delivery or transfer of such share or unit.
 
0.025%
0.025%
(No change)
Seller
4.
(a) Sale of an option in securities.
0.017%
0.017%
(No change)
Seller
 
 
(b) Sale of an option in securities where option is exercised.
 
0.125%
 
0.125%
(No change)
 
Purchaser
 
 
 
(c) Sale of a futures in securities.
 
 
 
0.017%
 
 
0.01%
 
 
Seller

 
The existing procedures for calculation, levy and collection of STT by the Exchange shall continue.
 
For further clarifications on the subject matter you may kindly contact the following officials -

Type of Query
 Contact Person
Department
Direct Line
Mobile No.
STT Rate
Ravi Salian
Finance
022-22728260
+91-9920259043
STT calculation & end-of-day files
K. Mohanan
I.T. Operations
022-22728416
+91-9820329809

 
For and on behalf of BSE Limited
 
 
 
 
Gaurang Shah                                                               Sameer Vaze
Addl. General Manager - Finance                                    Manager - Trading Operations