SEBI Broadens the List of Goods for Purpose of Commodity Derivatives u/s 2(bc) of SCRA, 1956
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- Last Updated on 8 March, 2024
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Circular No. SEBI/HO/MRD/MRD-PoD-1/P/CIR/2024/13, Dated: 05.03.2024
Earlier, the Govt. notified the list of goods specified in the Schedule as commodity derivatives under section 2(bc) of the SCRA, 1956. Now, the SEBI has broadened the list of goods for the purpose of commodity derivatives. SEBI has expanded the list of goods from 91 to 104, introducing 13 new goods and alloys for 5 metals.
The diverse list includes apples, cashews, garlic, skimmed milk powder, white butter, processed products of timber, processed products of bamboo, copper and copper alloys, lead and lead alloys etc. The circular shall be effective from the date of issuance.
Click Here To Read The Full Circular
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