Comment on STT Trap - Options Expiry - NSE BSE MCX-SX

jay commented on 18 Oct 2015, 01:45 PM

Hello Nithin, I am a New zerodha customer. Nice committed effort from you towards cust service, by the way. I have a query on extra STT charges in my account. understand the STT for equity transactions is only for sell side at 0.1% of total sale value. I had bought and sold 5500 shares of NMDC (price under rs.98) at different points of time during last 30 days. So maximum STT charged should be about rs. 550, correct? But when I check your back office numbers in the P&L query, it shows total STT deducted as rs.725 on the equity side. I had traded in no other stock in equity other than this stock till date. In F&O side, I am yet to go through my first option expiry date (Oct 29), so no question of additional STT charged previously from any exercising actions etc.. Can you please explain such discrepancies? Also I am seeing STT charges on buying equities also at 0.1% in the zerodha order confirmation attachments you email me every day. I can’t understand if it’s a gliche in your software or has the govt changed policy.
Thanks and best regards, – Jay

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