Description

BSE notice regarding payment of SEBI turnover fees with 18% GST across all trading segments, with debit scheduled for August 5, 2025.

Summary

BSE has issued a notice regarding the payment of SEBI turnover fees across all trading segments including applicable GST. The fees will be subject to 18% GST and will be debited from trading members’ settlement accounts on August 5, 2025.

Key Points

  • SEBI turnover fee applicable across Cash, Derivatives, Currency Derivatives, Commodity Derivatives, Interest Rate Derivatives, New Debt Segment, Repo Segment and EGR segment
  • GST at 18% rate effective from July 18, 2022 continues to apply
  • Fees will be debited on August 5, 2025 (3rd working day of next month)
  • Turnover details available in EXTRANET from August 1, 2025
  • Invoices available from August 4, 2025 in EXTRANET

Regulatory Changes

No new regulatory changes. This notice reaffirms the existing GST rate of 18% on SEBI turnover fees that has been applicable since July 18, 2022.

Compliance Requirements

  • Trading members must ensure sufficient funds in settlement account/Exchange dues account
  • Monitor turnover amounts in EXTRANET (current date > EQ > Transaction)
  • Download invoices from EXTRANET path: Periodic files > 2025 > ZIP with file name SEBIJUL2025.Member_Code
  • Review GST amount in column 26 of TF2A file

Important Dates

  • August 1, 2025: Turnover details available in EXTRANET
  • August 4, 2025: Invoices available for download
  • August 5, 2025: Fees debited from member accounts

Impact Assessment

Moderate operational impact on trading members who must ensure adequate account balances for fee deduction. Regular administrative process with predictable timing and amounts based on trading turnover across all BSE segments.

Impact Justification

Regular fee collection notice affecting all trading members with moderate financial impact