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According to the amended provisions of the Indian Stamp Act, 1899, Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Depositories) Rules, 2019 and Finance Act, 2019, w.e.f. 1st July, 2020-

Now Stamp duty on the Securities Market Instrument be collected by the Stock Exchange OR Clearing Corporation OR Depositories.

As reference to the Section 9A & 9B and Article 27 (Debentures) & 56A (Securities other than Debentures) of the Indian Stamp Act, 1899, Stamp Duty will be collected as follow:

Securities other than Debentures
Sr. no. Transactions Levy on Value Rate By whom to pay To whom be paid
1. Issue of Shares in Physical form Consideration specified in the instrument 0.005% Issuer Company State Government
2. Issue of Shares in Demat form through Depository Total consideration Or issue price 0.005% Issuer Company Depository on behalf of State Government
3. Transfer of Shares in physical form Market price of shares 0.015% Transferor State Government
4. Transfer of Shares in Demat form Depository Market price of shares On Delivery basis:

0.015%

 

On Non-delivery basis: 0.003%

Transferor Depository
5. Transfer of Shares in Demat form through Stock Exchange Price at which it traded On Delivery basis:

0.015%

 

On Non-delivery basis: 0.003%

Buyer Stock exchange or a clearing corporation
6. Government Securities 0%

Debentures
Sr. no. Transactions Levy on Value Rate By whom to pay To whom be paid
1. Issue of Debentures in Physical form Consideration specified in the instrument 0.005% Issuer Company State Government
2. Issue of Debentures in Demat form through Depository Total consideration Or issue price 0.005% Issuer Company Depository on behalf of State Government
3. Transfer of Shares in physical form Consideration mentioned in the particular instrument 0.0001% Transferor State Government
4. Transfer of Shares in Demat form Depository Consideration mentioned in the particular instrument 0.0001% Transferor Depository
5. Transfer of Shares in Demat form through Stock Exchange Price at which it traded 0.0001% Buyer Stock exchange or a clearing corporation

However Stamp duty can check on:

NSDL Calculator: https://www.nsdl.co.in/stampduty_calculator.php

CDSL Calculators: https://www.cdslindia.com/StampDuty/Cal_StampDuty.aspx

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