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The Market Regulator, SEBI has reviewed the extant delivery default norms in consultation with Clearing Corporations whereby it has been decided that In agricultural commodities, the penalty for delivery default by seller shall now be 4% of the settlement price plus replacement cost and In non-agricultural commodities, the penalty for delivery default by seller shall remain at 3 % of settlement price plus replacement cost.The Market Regulator, SEBI has reviewed the extant delivery default norms in consultation with Clearing Corporations whereby it has been decided that In agricultural commodities, the penalty for delivery default by seller shall now be 4% of the settlement price plus replacement cost and In non-agricultural commodities, the penalty for delivery default by seller shall remain at 3 % of settlement price plus replacement cost.taxmann.com Latest Statutory HappeningsRead More