Widening the scope of Commodity Transaction Tax (CTT).

Commodity Transaction Tax expansion: new tax coverage for options in goods and derivatives tied to other derivatives.

Amendments expand the scope of Commodity Transaction Tax (CTT) to include sales of derivatives based on prices or indices of commodity derivatives and sales of an option in goods, and replace 'recognised association' with 'recognised stock exchange'. The proposal allocates CTT liability by product and settlement mode-seller liability for derivatives based on derivatives' prices or indices, purchaser liability for exercised options in goods with different treatment for physical delivery versus non-delivery settlement-and updates statutory definitions, the CTT schedule, and value computation accordingly.