What are the STT charges in contract notes?

What are the STT charges in contract notes?

STT, short for Securities Transaction Tax, is a tax levied on share/securities/stock transactions, wherein investors are required to pay a small tax on the total consideration paid or received. This tax is remitted to the Government through the Exchange.

Types of charges

Equity Intraday

Equity delivery

Derivatives

Currency

Commodities

STT
(Securities Transaction Charges)

0.025% ( On Sell Side)

0.1% ( Both Side)

0.0125% (Sell Future)
0.0625% (Sell Option)
0.125% (On exercise)

0

Not Applicable

Example for your refernece-

Equity:

If you bought 100 quantities at ₹100 and then sold at ₹105. And 50 quantities were again bought at ₹110.

Intraday transaction is for 100 quantities

STT for Intraday trade is 100*105*0.025% = ₹2.625

Delivery transaction is for 50 quantities

STT for Delivery trade is 50*110*0.1% =₹5.5

Futures:

1 Lot of ITC future Contract has 1600 units

The Price of 1 unit is ₹495

The Contract value of 1 lot of ITC Future is 1600*₹495 = ₹7,92,000

Then, STT = 0.0125%*792000 = ₹99

Option:

1 Lot of ITC future Contract has 1600 units

The Strike price of ITC call option is ₹490

Sold the premium ₹20

The Premium received is 1600*₹20 = ₹3200

Then, STT = 0.0625%*3200 = ₹2

Exercised Contract:


1 Lot of ITC future Contract has 1600 units

The Strike price of ITC call option is ₹490

The spot price of the ITC call option = ₹496.20

STT on the intrinsic value of options that are bought and exercised = 0.125% * 1600 (₹496.20 - ₹490) = ₹12 (₹12.4 rounded down to the nearest rupee)

List of tax levied in contract note

Equity:

5 Paisa  charges

Equity delivery

Equity intraday

F&O - Futures

F&O - Options

Brokerage

2.5% or ₹ 20/executed order whichever is lower

2.5% or ₹ 20/executed order whichever is lower

2.5% or ₹ 20/executed order whichever is lower

Flat Rs. 20 per executed order

STT/CTT

0.1% on buy & sell

0.025% on the sell side

0.0125% on the sell side

0.0625% on sell side (on premium)
0.125% of the intrinsic value on options that are bought and exercised

Transaction charges

NSE: 0.00325%

NSE: 0.00325%

NSE: 0.0019%

NSE: 0.05% (on premium)

BSE: 0.00375%

BSE: 0.00375%

BSE: 0

BSE: 0.005% (on premium)

GST

18% on (brokerage + SEBI charges + transaction charges)

18% on (brokerage + SEBI charges + transaction charges)

18% on (brokerage + SEBI charges + transaction charges)

18% on (brokerage + SEBI charges + transaction charges)

SEBI charges

₹10 / crore

₹10 / crore

₹10 / crore

₹10 / crore

Stamp charges

0.015% or ₹1500 / crore on buy side

0.003% or ₹300 / crore on buy side

0.002% or ₹200 / crore on buy side

0.003% or ₹300 / crore on buy side

Currency Derivatives:

5 Paisa charges

Currency futures

Currency options

Brokerage

2.5% or ₹ 20/executed order whichever is lower

₹ 20/executed order

STT/CTT

No STT

No STT

Transaction charges

0.0009%

0.035%

GST

18% on (brokerage + SEBI charges + transaction charges)

18% on (brokerage + SEBI charges + transaction charges)

SEBI charges

₹10 / crore

₹10 / crore

Stamp charges

0.0001% or ₹10 / crore on buy side

0.0001% or ₹10 / crore on buy side

Commodity Derivatives:

5 Paisa charges

Commodity futures

Commodity options

Brokerage

0.03% or Rs. 20/executed order whichever is lower

₹ 20/executed order

STT/CTT

0.01% on sell side (Non-Agri)

0.05% on sell side

Transaction charges

Exchange txn charge: 0.0026%

Exchange txn charge: 0.05%

GST

18% on (brokerage + SEBI charges + transaction charges)

18% on (brokerage + SEBI charges + transaction charges)

SEBI charges

Agri: ₹1 / crore

₹10 / crore

Non-agri: ₹10 / crore

 

Stamp charges

0.002% or ₹200 / crore on buy side

0.003% or ₹300 / crore on buy side


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