Comment on Trading Q&A
commented on
21 Dec 2016, 05:29 PM
DP or Depository participant charge is levied on stock movement out of demat account which managed by depositories (NSDL or CDSL). This has no relation to contract note which captures all trades and related charges executed on the stock exchanges (NSE or BSE). Hence DP charges and also demat account maintenance charges are levied separately on the ledger and not on contract note.