Fyers is charging STT for ETFs at 0.1% purchase price - 100 times more -It should be 0.001% for sell

Traders Lounge
1

I normally do not check the contract notes but today when I glanced I found that you folks are charging STT for ETFs (ex: AUTOBEES,:ICICIFMCG etc.,) at 0.1% of purchase price. This is shocking ! Do you realize how wrong this is !

STT is not charged for ETFs during purchase transactions but only during sale - that too it is just 0.001% not 0.1% - You folks are charging almost 100X more ! This is illegal .

Refer to https://cleartax.in/s/securities-transaction-tax-stt for more information.

2

Hey @normal_nomad,

Can you please share me your Client ID in the DM. We will get this checked from the team!

3

I am facing the same problem, reached out via email and raised ticket as well. Kindly fix urgently.