NCDEX notified regarding the transaction charges - Options on Guar Gum and Guar Seed Futures and Commodity Transaction Tax (CTT) applicability on Options on Guar Gum Futures

Dec 11, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Commodity and Derivatives Exchange Limited (NCDEX) on December 10, 2024, notified regarding the transaction charges - Options on Guar Gum and Guar Seed Futures and Commodity Transaction Tax (CTT) applicability on Options on Guar Gum Futures.

The following has been stated namely: -

• It states that the transaction charges for Options on Guar Seed and Guar Gum Futures are set at ₹30 per lakh of premium turnover, effective December 11, 2024.

• It further states that CTT on Guar Gum Futures Options is 0.05% of the premium for sellers and 0.0001% of the settlement price for purchasers upon exercise.

[Notification no. - NCDEX/TRADING-053/2024]


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