Description

BSE notification regarding SEBI turnover fee payment with 18% GST across all trading segments, debited on August 5, 2025.

Summary

BSE notifies trading members that SEBI turnover fees across all segments (Cash, Derivatives, Currency Derivatives, Commodity Derivatives, Interest Rate Derivatives, New Debt Segment, Repo Segment, and EGR segment) will be debited with 18% GST on August 5, 2025.

Key Points

  • SEBI turnover fee subject to 18% GST rate effective from July 18, 2022
  • Fee debited on 3rd working day of next month (August 5, 2025)
  • Turnover details available in EXTRANET from August 1, 2025
  • GST payable on amount in column 26 of TF2A file
  • Invoices available from August 4, 2025
  • Separate debit entry for SEBI turnover fees with GST

Regulatory Changes

Continuation of existing GST application at 18% rate on SEBI turnover fees across all trading segments as per Exchange notice 20220830-5.

Compliance Requirements

  • Trading members must ensure sufficient funds in settlement account/Exchange dues account
  • Monitor EXTRANET for turnover details and invoice downloads
  • Download invoices from Periodic files > 2025 > SEBIJUL2025.Member_Code
  • Review TF2A through TF2J files for fee calculations

Important Dates

  • August 1, 2025: Turnover details available in EXTRANET
  • August 4, 2025: Invoices available for download
  • August 5, 2025: SEBI turnover fees with GST debited from accounts

Impact Assessment

Routine administrative process affecting all BSE trading members. Members need to maintain adequate account balances to cover SEBI turnover fees plus 18% GST. No operational disruption expected as this follows established collection procedures.

Impact Justification

Routine fee collection notice affecting all trading members with clear payment schedule