Modifications in the STP messaging formats on account of implementation of the Securities Transaction Tax (STT)

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....: Modifications in the STP messaging formats on account of implementation of the Securities Transaction Tax (STT) Dear Sir, 1)   This is in continuation to the SEBI circular no. MRD/DoP/SE/Cir-28/2004 dated August 23, 2004 & circular no. MRD/DoP/SE/Cir-32/2004 dated September 23, 2004 with respect to the Securities Transaction Tax (STT) 2)   Further to the SEBI circula....

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....  The change in the ISO Structure for the impacted message types shall be as follows: M 16R   AMT Start of block   M 19A Amount :4!c//3!a11d To identify the Securities Transaction Tax Amount Format: (Qualifier) //(Currency Code) (Amount) For: Securities Transaction tax Amount Qualifier: "COUN" (4 Upper case Characters) Narrative:....

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....rrative" field and "Tag 24B Reason" specified should be "NARR". g)   The STP centralised hub and the STP service providers are directed to make the necessary changes to their STP system to ensure that the above changes are implemented w. e. f. October 1, 2004 with the implementation of STT. h)   The exchanges are directed to immediately make the relevant modif....