TMI BlogAmendment of Act 17 of 2013- Charge of commodities transaction tax - Value of taxable commodities transactionX X X X Extracts X X X X X X X X Extracts X X X X ..... words sale of commodity derivatives , the words or option on commodity derivatives shall be inserted with effect from the 1st day of April, 2018; (b) for sections 117 and 118, the following sections shall be substituted with effect from the 1st day of April, 2018, namely:- Charge of commodities transaction tax. 117. On and from the 1st day of April, 2018, there shall be charged a co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on commodity derivative; 0.05 per cent. seller 3. Sale of an option on commodity derivative, where option is exercised. 0.0001 per cent. purchaser Value of taxable commodities transaction 118. The value of taxable commodities transaction referred to in section 117,- (a) in th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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