How much GST is charged on Punch?

GST at 18% applies to brokerage and certain regulatory fees on every trade.

Written By Archit Sunat

Last updated About 2 months ago

Understanding GST on your trades

As per government regulations, Goods and Services Tax (GST) is applicable on trading-related services in India. This is not a Punch-specific charge — all brokers are required to collect it.

What does GST apply to?

GST at 18% is levied on the following components of your trade:

  • Brokerage

  • Exchange turnover charges

  • SEBI turnover fees

GST is not charged on STT, stamp duty, or IPFT — those are separate government levies.