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MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 30th March, 2020 G.S.R. 226(E).In exercise of the powers conferred by section 73A of the Indian Stamp Act, 1899 (2 of 1899), the Central Government hereby makes the following rules to further amend the Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Depositories) Rules, 2019, namely:- (1) (1) These rules may be called as the Indian Stamp (Collection of Stamp
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FAQ :
These are new rules that further amend the existing Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Depositories) Rules, 2019.
The primary change is the postponement of the effective date for collecting stamp duty through stock exchanges, clearing corporations, and depositories.
The new effective date is the 1st of July 2020.
The previous effective date was the 1st of April 2020.
These rules come into force on the date of their publication in the Official Gazette.
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Notification No : F. No. S.33013/3/2019 ST-I, DORPublished in LAW
Source : http://egazette.nic.in/WriteReadData/2020/218954.pdf