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    <title>Collection and recovery of commodities transaction tax</title>
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    <description>Every recognised stock exchange must collect commodities transaction tax from sellers entering into taxable commodities transactions at the rate specified in section 117 and pay taxes collected for any calendar month to the Central Government by the seventh day of the following month; an exchange that fails to collect remains liable to pay the tax under the same remittance schedule.</description>
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      <title>Collection and recovery of commodities transaction tax</title>
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      <description>Every recognised stock exchange must collect commodities transaction tax from sellers entering into taxable commodities transactions at the rate specified in section 117 and pay taxes collected for any calendar month to the Central Government by the seventh day of the following month; an exchange that fails to collect remains liable to pay the tax under the same remittance schedule.</description>
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