Stamp Duty on Commodities (MCX)

V

vaibhavstr5

Member
#1
#1
Hello,

could anybody confirm if retail traders are liable to pay the stamp duty for commodity trading? particularly for MCX/NCDEX.

I've come to know that few brokers are not charging commodity stamp duty while most of the popular ones do.

thanks
 
megapixel

megapixel

Well-Known Member
#4
#4
sks100000 said:
there should be stamp duty on commodities on commodities uniformly. In some state like wb there is no stamp duty on commodities whereas most states have. It is not good.those
who are in mumbai are paying and in wb it is not. So it is affecting
business in mumbai where turnover is high. Why wb govt is not imposing is a matter of concern,it should be immediately imposed.
Or itshould be exemted from mumbai.
Click to expand...

wb CM asked to quit his minister from railway ministry for increasing 30 paisa fare...also left central alliance for cooking gas prise rise.

they won't impose tax ....your problem will be solved if you transfer your base location :)
 
soft_trader

soft_trader

Well-Known Member
#5
#5
megapixel said:
wb CM asked to quit his minister from railway ministry for increasing 30 paisa fare...also left central alliance for cooking gas prise rise.

they won't impose tax ....your problem will be solved if you transfer your base location :)
Click to expand...
sacchi baat :rofl:

Shift your location & come here in Kolkata :) Or ask your State to remove Stamp duty.

Anyway, it is expected that from this budget we will have uniform stamp duty all across India. :)
 
Mihir Bijur

Mihir Bijur

Active Member
#6
#6
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
N For intraday trading, what percentage of your profits do you pay as brokerage + taxes (STT + turnover charges + stamp duty etc) Risk & Money Management 0
O Stamp duty for Uttar Pradesh increased by 25 Times Brokers & Trading Platforms 52
B Stamp Duty Charge Taxation Matters 1
M About stamp duty charge Introductions 0
A stampduty in fao tamilnadu Investors Grievances 4

Similar threads