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Amendment of Act 17 of 2013- Charge of commodities transaction tax - Value of taxable commodities transaction

Section 218 - Acts - AMENDMENTS TO THE FINANCE ACT, 2013 - FINANCE ACT, 2018 - Section 218 - PART XVII AMENDMENTS TO THE FINANCE ACT, 2013 Amendment of Act 17 of 2013. 218. In the Finance Act, 2013,- (a) in section 116, in clause (7), after the words .....

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il, 2018, namely:- Charge of commodities transaction tax. 117. On and from the 1st day of April, 2018, there shall be charged a commodities transaction tax in respect of taxable commodities transaction specified in column (2) of the Table below, at t .....

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the said Table: TABLE Sl.No. Taxable commodities transaction Rate Payable by (1) (2) (3) (4) 1. Sale of a commodity derivative; 0.01 per cent. seller 2. Sale of an option on commodity derivative; 0.05 per cent. seller 3. Sale of an option on commodit .....

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