Statutory & Exchange Charges on actuals

1. STT (Securities Transaction Tax) – Equity Delivery
* Levied by the Government of India
* Applicable on both buy and sell transactions in equity delivery
* Charged as per prevailing government regulations

2. Exchange Transaction Charges (NSE): As applicable by the exchange
* Charged by the stock exchange (NSE/BSE)
* Calculated on the basis of total turnover

3. SEBI Charges and other charges
* Levied by the market regulator (SEBI)
* Calculated on turnover basis

4. Stamp Duty
* Applicable only on the buy side
* Levied as per respective state government regulations

5. GST (18%): Applicable on brokerage (if any), exchange & SEBI charges
Note: GST is not applicable on STT and Stamp Duty.

Other changes applicable on case to case basis :

1. Call & Trade Charges
A charge of ₹50 + 18% GST is levied when clients call Nakamichi to place, modify, or cancel an order or when positions are squared off by Nakamichi due to margin shortfall. This charge is known as call and trade charge.

2. Delayed Payment Charges

* Delayed payment charges appear on your funds statement when your Nakamichi account is negative or when you exceed margin requirements. Nakamichi levies these charges for three main reasons.
* Negative balance in your Nakamichi account
* If your utilised funds exceed your available balance, your account results in a debit balance
* Nakamichi charges interest at 0.05% per day (₹50 per lakh) or 18% per annum on your debit balance
* GST does not apply to this interest charge

3. Reports with Seal & Signature (Soft and Hard Copy)
Soft Copy

* Charges: ₹10 + 18% GST

Physical Copy

* Charges: ₹25 + 18% GST
* Courier charges: ₹100 + 18% GST

CMR (Client Master Report)

* Charges: ₹20 + courier ₹100 + 18% GST