Hello,
We have an account with Zerodha, Upstox and Samco. In all these brokers, we have used the address for Himachal Pradesh.
When we trade at other brokers, we are charged a Stamp Duty of 0.005% of Rs.50, whichever is lesser.
Whereas as Zerodha, with the exact same address, we are charged Rs.50/Day flat.
We have cross verified with multiple brokers. I am also attaching the Upstox Contract Note.
Why is Zerodha Charging stamp duty charges more than all other brokers?
Zerodha Brokerage Calculator says - Rs.50/Day for Himachal Pradesh, whereas all other brokers, it is 0.005% or Rs.50 (Maximum) for Himachal Pradesh.