Description

Notice regarding payment of SEBI turnover fees with 18% GST across all segments, to be debited on November 06, 2025 for October 2025 transactions.

Summary

BSE notifies trading members that SEBI turnover fees for October 2025 across all segments (Cash, Derivatives, Currency Derivatives, Commodity Derivatives, Interest Rate Derivatives, New Debt Segment, Repo Segment, and EGR segment) will be debited on November 06, 2025, including 18% GST as per the regulation effective from July 18, 2022.

Key Points

  • SEBI turnover fees include 18% GST across all trading segments
  • Fees will be debited from settlement (valan) account/Exchange dues account on November 06, 2025
  • Turnover details and fee amounts will be available in EXTRANET by November 04, 2025
  • GST at 18% applies to amounts mentioned in column 26 of TF2A file
  • Invoices will be available for download in EXTRANET by November 04, 2025
  • Fees will be debited separately with appropriate narration

Regulatory Changes

No new regulatory changes. This notice reaffirms the existing requirement of 18% GST on SEBI turnover fees, which has been applicable since July 18, 2022 (as per Exchange notice no. 20250930-5).

Compliance Requirements

  • Trading members must ensure sufficient funds are available in their settlement account (valan account) or Exchange dues account by November 06, 2025
  • Members should review turnover details and fee calculations available in EXTRANET (current date > EQ > Transaction) by November 04, 2025
  • Download invoices from EXTRANET path: Periodic files > 2025 > ZIP file SEBIOCT2025.Member_Code
  • Review applicable file formats: TF2Ammyy, TF2Bmmyy, TF2Cmmyy, TF2Dmmyy, TF2Emmyy, TF2Fmmyy, TF2Gmmyy, TF2Hmmyy, TF2Immyy, and TF2Jmmyy (where mmyy = month and year)

Important Dates

  • November 04, 2025: Turnover details, fee amounts, and invoices available in EXTRANET
  • November 06, 2025: SEBI turnover fees with GST debited from settlement accounts (3rd working day of the month)

Impact Assessment

Financial Impact: Trading members across all segments must budget for SEBI turnover fees plus 18% GST for October 2025 transactions. Insufficient funds in settlement accounts may result in payment defaults and potential regulatory consequences.

Operational Impact: Low to medium - This is a routine monthly payment process. Members need to ensure timely review of fee calculations and maintain adequate account balances. The separate debiting of fees with clear narration aids in accounting reconciliation.

Segments Affected: Cash, Derivatives, Currency Derivatives, Commodity Derivatives, Interest Rate Derivatives, New Debt Segment, Repo Segment, and EGR segment.

Impact Justification

Routine monthly fee payment notice affecting all trading members across segments. Members must ensure adequate funds in settlement accounts to avoid payment failures.