https://www.taxtmi.com/notifications?id=131631 The rules require authorised stock exchanges, clearing corporations and depositories to collect stamp-duty on securities transactions: exchanges collect duty on market transfers on settlement day at Schedule I rates, and depositories collect duty before executing off-market transfers and on creation/issue record changes. Buyers are generally liable, domicile State is determined by buyer records or intermediary registered offices, and reported consideration is treated as actual value. Collecting agents must remit duty to the appropriate State account, may deduct a facilitation charge, appoint principal officers, furnish monthly and annual returns, and follow procedures for rectification and inter-entity communication. en-us Tue, 10 Dec 2019 00:00:00 +0530 Wed, 11 Dec 2019 15:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=131631 The rules require authorised stock exchanges, clearing corporations and depositories to collect stamp-duty on securities transactions: exchanges collect duty on market transfers on settlement day at Schedule I rates, and depositories collect duty before executing off-market transfers and on creation/issue record changes. Buyers are generally liable, domicile State is determined by buyer records or intermediary registered offices, and reported consideration is treated as actual value. Collecting agents must remit duty to the appropriate State account, may deduct a facilitation charge, appoint principal officers, furnish monthly and annual returns, and follow procedures for rectification and inter-entity communication. Notifications Indian Laws Tue, 10 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=131631