Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Securities Transaction Tax (STT) rates revised - on sale of options in securities increased from 0.0625% to 0.1% of option premium, on sale of futures in securities increased from 0.0125% to 0.02% of traded price. Rates for delivery trades in equity shares unchanged at 0.1% on purchase and sale. For exercised options, purchaser pays 0.125% of intrinsic price. Amendments effective 1st October 2024 due to exponential growth of derivative markets.
Securities Transaction Tax (STT) rates revised - on sale of options in securities increased from 0.0625% to 0.1% of option premium, on sale of futures in securities increased from 0.0125% to 0.02% of traded price. Rates for delivery trades in equity shares unchanged at 0.1% on purchase and sale. For exercised options, purchaser pays 0.125% of intrinsic price. Amendments effective 1st October 2024 due to exponential growth of derivative markets.
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