https://www.taxtmi.com/acts?id=36072 Amendment inserts Part AA requiring stock exchanges or authorised clearing corporations to collect stamp duty from buyers on clearance-list sales based on market value, depositories to collect duty from transferors on transfers and from issuers on allotment lists based on total market value, with rates specified in Schedule I; such instruments need not be physically stamped and related transactional documents are exempt from State stamp-duty. Collected duty must be transferred monthly to the appropriate State after permitted facilitation deductions, with reporting obligations on exchanges, clearing corporations and depositories; off-exchange issues, sales, transfers or reissues attract duty payable by issuer or seller at its registered office. en-us Fri, 22 Feb 2019 15:21:52 +0530 Fri, 22 Feb 2019 15:21:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36072 Amendment inserts Part AA requiring stock exchanges or authorised clearing corporations to collect stamp duty from buyers on clearance-list sales based on market value, depositories to collect duty from transferors on transfers and from issuers on allotment lists based on total market value, with rates specified in Schedule I; such instruments need not be physically stamped and related transactional documents are exempt from State stamp-duty. Collected duty must be transferred monthly to the appropriate State after permitted facilitation deductions, with reporting obligations on exchanges, clearing corporations and depositories; off-exchange issues, sales, transfers or reissues attract duty payable by issuer or seller at its registered office. Act-Rules F. Acts / Amendment Acts Fri, 22 Feb 2019 15:21:52 +0530 https://www.taxtmi.com/acts?id=36072