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How to check charges in the Contract Note?

A contract note is a summary of trading transactions carried out by the trader on the given day. There are certain charges mentioned on the contract note segment-wise that showed separately from the trading details:

  • Brokerage — Zerodha charges 0% brokerage charges on delivery Trades. 
  • GST — Goods and Services Tax is levied by the Government and it is calculated 18% on brokerage + transaction 
  • STT/CTT (Securities Transaction Charges / Commodity Transaction Charges) — Tax imposed by the Government on stock selling on intraday or F&O.
  • Transaction Charges — Charged on the value of the transactions don on exchanges MCX, NSE, and BSE.
  • SEBI Charges — INR 10 per 1 crore transaction
  • Stamp Duty — Cumpolsory charges on depositories and stock exchanges by the Indian Government as per the Indian Stamp Act of 1899. 

 

Several other additional charges may be added depending on trading type:

  • NRI Brokerage
  • Annual Maintenace Charges (AMC)
  • Off-market transfer
  • Payment getaway
  • Depository Participant (DP) Charges
  • Corporate Action Order
  • Delayed Payment

Topic: An Overview of Zerodha Contract Note FAQs

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