Is it possible to avoid delivery STT for a position if you sqare it off within 24 hours.

keshav
Since delivery STT is high is it possible to square off your trade before 24 hours to avoid delivery STT. Since actual delivery time is T + 2 working days
  • sujith
    Hi @keshav,
    STT is charged based on if you have squared off position on the same day or not. It has nothing to do with the settlement.
    If you square off position same day then you will pay intraday STT or else if you are doing BTST you will pay delivery STT.
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