Description

BSE notice regarding SEBI turnover fee collection with 18% GST across all trading segments, to be debited on September 3, 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 subject to 18% GST and debited on September 3, 2025.

Key Points

  • SEBI turnover fees subject to 18% GST effective from July 18, 2022
  • Fees to be debited from settlement (valan) account/Exchange dues account on September 3, 2025
  • Turnover details and fee amounts available in EXTRANET from September 1, 2025
  • GST calculated on amount in column 26 of TF2A file
  • Invoices available from August 4, 2025 in EXTRANET

Regulatory Changes

Continuation of existing GST application at 18% rate on SEBI turnover fees as per Exchange notice 20220731-2 dated July 31, 2022.

Compliance Requirements

  • Trading members must ensure sufficient funds in settlement account/Exchange dues account
  • Access turnover details through EXTRANET (current date > EQ > Transaction)
  • Download invoices from EXTRANET (Periodic files > 2025 > SEBIAUG2025.Member_Code)
  • Monitor TF2A through TF2J files for fee calculations

Important Dates

  • September 1, 2025: Turnover details available in EXTRANET
  • September 3, 2025: SEBI turnover fees with GST to be debited
  • August 4, 2025: Invoices available for download

Impact Assessment

Routine fee collection affecting all BSE trading members across multiple segments. Members need to maintain adequate liquidity for fee payment including 18% GST component. No change in fee structure, only continuation of existing GST application.

Impact Justification

Regular fee collection notice affecting all trading members' operational costs