Commodity transaction tax rate in india
Meaning of CTT or Commodity Transaction Tax The CTT Tax or Commodities Transaction Tax is levied on They argued that Commodity trading in India was at a nascent stage Why are commodities traded as futures and not in spot prices? (1) This Chapter extends to the whole of India. (2) It shall come into (4) “ commodities transaction tax” means tax leviable on the taxable commodities transactions under the in that recognised association at the rate specified in section 107. 27 Nov 2019 STT is governed by Securities Transaction Tax Act (STT Act) and STT Act However, rate of STT will be decided by Government and modified from the Association of National Exchange Members of India (ANMI) against the