http://www.mcxindia.com/SitePages/ContractSpecification.aspx?ProductCode=GOLD
View the contract specifications in above link
- MCX GOLDPETALYYMMM is having its price quote based on Ex-Mumbai
Ex-Mumbai (inclusive of all taxes and levies relating to import duty,
customs, but excluding Sales Tax / VAT, any other additional tax or
surcharge on sales tax, local taxes and octroi)
- MCX GOLDPTLDELYYMMM is having its price quote based on Ex-New Delhi
Ex-New Delhi (inclusive of all taxes and levies relating to import duty,
customs, but excluding Sales Tax / VAT, any other additional tax or
surcharge on sales tax, local taxes and octroi)
P:S: I am not sure about NCDEX Gold Futures though.
The value of all products depends on the liquidity.
So, the reason for price diff. between NCDEX and MCX is due to high volatility.
Above answers Not correct. Delivery unit is same just delivery center shunt make this diff.
Quality also seems same 999.99.
Is there any vat difference for Delhi?
Pls some one who have knowledge pls help,