Notice No.   20200219-29   Notice Date   19 Feb 2020
Category   Compliance   Segment   Equity
Subject   Notice on applicability of Securities Transaction Tax (STT) on trading of Rights Entitlement
Attachments   Notice on applicability of Securities Transaction Tax.pdf ;

Further to Exchange Notice No. 20190823-28 dated August 23, 2019, we would like to inform you that, although the rates of levy of Securities Transaction Tax (“STT”) on transactions entered into in a recognised stock exchange have not changed, it is proposed to include trades in Rights Entitlement (“RE”) under serial no. 4(a) of the table under section 98 of the Finance (No.2) Act, 2004 pertaining to “sale of an option in securities. Accordingly, STT shall be payable by the seller at the rate of 0.05% of the value at which such RE’s are traded.

All trading members are hereby informed that there is no change in the rate of Securities Transaction Tax (STT) and 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


Direct Line

Mobile No

STT Rate

Shri Dheeraj Sisodia




STT Rate

Shri Harihara Subramanian




STT calculation & end-of-day files

Shri Sameer Vaze

Trading Operations