Yes Jay GAnesh jee, you are absolutely right.
Do not get mislead by VAT implementation, investors.
VAT is lavied on broker commission, not in the transaction amount please note that.
For below 50000 transaction you are charged 1% brokerage commision and above that you are charged 0.9% brokerge commission. With this VAT implementation you will be charged as below
For prevailing 1% brokerage commission provision.
1 % + 13% of 1% = 1.13% brokerage commission including VAT
For prevailing 0.9% brokerage commission provision
0.9% + 13% of 0.9% = 1.017%
So don't get mislead by the news. VAT will be lavied on Brokerage commission but not on the Transaction amount or the capital gain.