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Rate of Stamp duty on Shares and Debentures

"According to the amended provisions of the Indian Stamp Act, 1899, Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Dep"<br>TaxGuru is a platform that provides Updates On Amendments in Income Tax, Wealth Tax, Company Law, Service Tax, RBI, Custom Duty, Corporate Lawu00a0, Goods and Service Tax etc.<br>To know more visit https://taxguru.in/corporate-law/rate-stamp-duty-shares-debentures.html

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Rate of Stamp duty on Shares and Debentures

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  1. RATE OF STAMP DUTY ON SHARESAND DEBENTURES https://taxguru.in/corporate-law/rate-stamp-duty-shares-debentures.html According to the amended provisions of the Indian Stamp Act, 1899, Indian Stamp (Collection of Stamp-Duty throughStockExchanges,ClearingCorporationsandDepositories)Rules,2019andFinanceAct,2019, w.e.f. 1st July,2020- Now Stamp duty on the Securities Market Instrument be collected by the Stock Exchange OR Clearing Corporation ORDepositories. As reference to the Section 9A & 9B and Article 27 (Debentures) & 56A (Securities other than Debentures) of the Indian Stamp Act, 1899, Stamp Duty will be collected asfollow: Securities other thanDebentures Sr. no. Transactions Levy onValue Rate By whom topay To whombe Issue of Shares in PhysicalConsideration 1. specified in the0.005% instrument IssuerCompany StateGovern form Depository Issue of Shares in Demat Total consideration form through Depository Or issueprice 2. 0.005% IssuerCompany behalf of Government TransferofSharesinphysical Market price form shares 3. of0.015% On Deliverybasis: Transferor StateGovern 0.015% Transfer of Shares in Demat Market form Depository shares price of 4. Transferor Depository On Non-delivery basis:0.003%

  2. On Deliverybasis: 0.015% Transfer of Shares in Demat Price at which it form through Stock Exchangetraded Stockexcha 5. Buyer clearingcorp On Non-delivery basis:0.003% 6. GovernmentSecurities – 0% – –

  3. – Debentures Sr.no. Transactions Levy onValue Rate By whom topay To whombe inConsideration Issue of Debentures 1. specified in the0.005% instrument IssuerCompany StateGovern Physicalform Depository IssueofDebenturesinDemat Total consideration 2. 0.005% IssuerCompany behalf of form throughDepository Or issueprice Consideration Government TransferofSharesinphysical mentioned in 3. the0.0001% Transferor StateGovern form particular instrument Consideration Transfer of Shares in Demat mentioned in 4. the0.0001% Transferor Depository formDepository particular instrument Transfer of Shares in Demat Price at which form through Stock Exchangetraded Stockexcha 5. it0.0001% Buyer clearingcorp However Stamp duty can checkon: NSDL Calculator:https://www.nsdl.co.in/stampduty_calculator.php CDSL Calculators:https://www.cdslindia.com/StampDuty/Cal_StampDuty.aspx

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