Rulemaking power for central government enabling statutory rules for collection and transfer of stamp-duty by market intermediaries. The Central Government may, by notification in the Official Gazette, make rules to carry out the provisions of Part AA of Chapter II, including rules on the manner of collection of stamp-duty by a stock exchange or authorised clearing corporation from buyers, by a depository from transferors and issuers, the manner of transfer of collected stamp-duty to the State Government, and any other matters necessary to implement the Part AA scheme.
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Provisions expressly mentioned in the judgment/order text.
Rulemaking power for central government enabling statutory rules for collection and transfer of stamp-duty by market intermediaries.
The Central Government may, by notification in the Official Gazette, make rules to carry out the provisions of Part AA of Chapter II, including rules on the manner of collection of stamp-duty by a stock exchange or authorised clearing corporation from buyers, by a depository from transferors and issuers, the manner of transfer of collected stamp-duty to the State Government, and any other matters necessary to implement the Part AA scheme.
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