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 13 days 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.