# Nre/nro stamp duty

**URL:** https://tradingqna.com/t/nre-nro-stamp-duty/21629
**Category:** General
**Created:** [October 5, 2017, 4:38am UTC](https://tradingqna.com/t/nre-nro-stamp-duty/21629 "2017-10-05T04:38:57Z")
**Posts on this page:** 3
**Page:** 1

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### Author: ![harsha7](https://tradingqna.com/user_avatar/tradingqna.com/harsha7/32/18520_2.png) [@harsha7](https://tradingqna.com/u/harsha7)
#### Post date: [October 5, 2017, 4:38am UTC](https://tradingqna.com/t/nre-nro-stamp-duty/21629/1 "2017-10-05T04:38:57Z")

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A small query, just want to understand the charges levied on NRE / NRO clients.

As i was going through nre/nro blog on website; I found most of the charges list are quite similar excluding stamp duty.

For example.

l purchase RIL 100 share at 900 and sale at 1050 on delivery basis. What will be the total charges for brokerage, ST etc. (delivery)

Normal charges:

Brokerage - 0  
STT total - 195  
Total txn charge - 6.34  
SEBI charges - 0.29  
GST - 1.14  
etc., but - Stamp duty - as per the state of residence

But in case of NRI - (NRE/NRO) - everything else remains same but stamp duty!?

Brokerage - (0.1% or Rs 200 whichever is lower) & Equity F&O is charged at Rs.100 per order.  
For above mentioned example - brokerage is - (400)  
STT total - 195  
Total txn charge - 6.34  
SEBI charges - 0.29 – etc.,  
GST - 1.14…

But what about stamp duty - (how is that calculated for NRE / NRO)

Being said that how are service tax being charged too!?

Awaiting for your valuable response.

Regards

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### Author: ![AkshayAtur](https://tradingqna.com/user_avatar/tradingqna.com/akshayatur/32/5072_2.png) [@AkshayAtur](https://tradingqna.com/u/AkshayAtur)
#### Post date: [October 5, 2017, 6:09am UTC](https://tradingqna.com/t/nre-nro-stamp-duty/21629/2 "2017-10-05T06:09:38Z")

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> [@harsha7](#):
>
> A small query, just want to understand the charges levied on NRE / NRO clients.

Hi, @harsha7, The stamp duty is charged on the correspondence address which for NRIs is usually their foreign address and hence the stamp duty is charged at 0.003% (others).

![image](https://tradingqna.com/uploads/default/original/2X/6/6255338e1b67a0228fec8ae670bb7b75c8928803.png)  
You can check it [here](https://zerodha.com/brokerage-calculator#stamp_duty_view)

GST is charged @ 18% on Brokerage+Trascation charges.  
So, taking the above example: It’ll be 400+6.34\*18% = 73.14

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### Author: ![harsha7](https://tradingqna.com/user_avatar/tradingqna.com/harsha7/32/18520_2.png) [@harsha7](https://tradingqna.com/u/harsha7)
#### Post date: [October 5, 2017, 6:48am UTC](https://tradingqna.com/t/nre-nro-stamp-duty/21629/3 "2017-10-05T06:48:06Z")

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thank you for the information.