Section 21 - Amendment of Schedule I. - Finance Act, 2019

Amendment of Schedule I. 21. In Schedule I of the principal Act,- (i) in Article 19, in column (1),- (a) after the words CERTIFICATE OR OTHER DOCUMENT , the brackets, words, figures and letter (except the certificate or other document covered under Articles 27 and 56A) shall be inserted; (b) the words, brackets and figures See also LETTER OF ALLOTMENT OF SHARES (No. 36) shall be omitted; (ii) for Article 27 and the entries relating thereto, the following Article and entries shall be subsitituted, namely:- (1) (2) 27. DEBENTURE-[as defined by section 2 (10A)] (see sections 9A and 9B) (a) in case of issue of debenture; 0.005% (b) in case of transfer and re-issue of debenture. 0.0001% ; (iii) in Article 28, for the entry in column (1), after the words DELIVERY ORDER IN RESPECT OF GOODS, , the brackets and words (excluding delivery order in respect of settlement of transactions in securities in stock exchange) shall be inserted; (iv) in Article 36, for the entry in column (1), the following entry shall be substituted, namely:- 36. LETTER OF ALLOTMENT in respect of any loan to be raised by any company or proposed company. ; (v) after Article 56 and the entry relating thereto, the following Article and entries shall be inserted, namely:- (1) (2) 56A. SECURITY OTHER THAN DEBENTURES (see sections 9A and 9B) (a) issue of security other than debenture; 0.005% (b) transfer of security other than debenture on delivery basis; 0.015% (c) transfer of security other than debenture on non-delivery basis; 0.003% (d) derivatives (i) futures (equity and commodity) 0.002% (ii) options (equity and commodity) 0.003% (iii) currency and interest rate derivatives 0.0001% (iv) other derivatives 0.002% (e) Government securities 0% (f) repo on corporate bonds 0.00001% ; (vi) in Article 62, items (a) and (b) and the entries relating thereto shall be omitted.