Description

BSE notifies trading members about SEBI turnover fee payment with 18% GST across all segments, to be debited on September 3, 2025.

Summary

BSE has issued a notice regarding the payment of SEBI turnover fees across all segments with applicable 18% GST. The fees will be debited from trading members’ settlement accounts on September 3, 2025, for August 2025 turnover.

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 applicable since July 18, 2022
  • Fees to be debited on 3rd working day of next month (September 3, 2025)
  • Turnover details available in EXTRANET from September 1, 2025
  • Invoices available for download from August 4, 2025

Regulatory Changes

No new regulatory changes announced. This notice reaffirms existing SEBI turnover fee structure with 18% GST that has been in effect since July 18, 2022.

Compliance Requirements

  • Trading members must ensure sufficient funds in settlement account (valan account) or Exchange dues account
  • Monitor turnover amount in EXTRANET (current date > EQ > Transaction)
  • Download invoices from EXTRANET (Periodic files > 2025 > SEBIAUG2025.Member_Code)
  • Note GST payable on amount in column 26 of TF2A file

Important Dates

  • September 1, 2025: Turnover details available in EXTRANET
  • September 3, 2025: SEBI turnover fees with GST to be debited from accounts
  • August 4, 2025: Invoice availability date in EXTRANET

Impact Assessment

Routine administrative impact on trading members requiring proper fund management and account monitoring. Members need to ensure adequate liquidity in settlement accounts to avoid payment defaults. The separate debiting of SEBI fees with clear narration helps in proper accounting and reconciliation.

Impact Justification

Routine fee payment notice affecting all trading members with specific compliance requirements and deadlines