Description

Notice regarding payment of SEBI turnover fees with 18% GST across all trading segments, to be debited on January 05, 2026 for December 2025 transactions.

Summary

BSE has issued a notice regarding the payment of SEBI turnover fees for December 2025 across all trading segments. The fees will be subject to 18% GST (effective from July 18, 2022) and will be debited from trading members’ settlement/exchange dues accounts on January 05, 2026. Turnover details and invoices will be available on EXTRANET by January 02, 2026.

Key Points

  • SEBI turnover fees applicable across Cash, Derivatives, Currency Derivatives, Commodity Derivatives, Interest Rate Derivatives, New Debt Segment, Repo Segment and EGR segment
  • GST at the rate of 18% applicable on turnover fees (effective from July 18, 2022)
  • Fees for December 2025 to be debited on January 05, 2026 (3rd working day of next month)
  • Turnover details and fee amounts available on EXTRANET by January 02, 2026
  • Invoices available for download in EXTRANET under Periodic files > 2026 > SEBIDEC2025.Member_Code
  • GST payable on amount mentioned in column 26 of TF2A file
  • Members must ensure sufficient funds in settlement account/exchange dues account

Regulatory Changes

No new regulatory changes introduced. This notice is a reminder of existing SEBI turnover fee structure with 18% GST that has been applicable since July 18, 2022 (as per Exchange notice no. 20251228-1).

Compliance Requirements

  • Trading members must review turnover data and fee calculations available on EXTRANET (current date > EQ > Transaction) by January 02, 2026
  • Members must download invoices from EXTRANET path: Periodic files > 2026 > ZIP file SEBIDEC2025.Member_Code for December 2025
  • Members must ensure sufficient funds are available in their settlement account (valan account) or Exchange dues account before January 05, 2026
  • SEBI turnover fees including 18% GST will be debited separately with appropriate narration
  • Members should verify the amount in column 26 of TF2A file for GST calculation

Important Dates

  • January 02, 2026: Turnover details and fee amounts available on EXTRANET
  • January 02, 2026: Invoices available for download on EXTRANET
  • January 05, 2026: SEBI turnover fees with GST to be debited from settlement/exchange dues accounts (3rd working day of January 2026)

Impact Assessment

Operational Impact: Routine monthly fee payment affecting all BSE trading members across multiple segments. Members need to monitor their EXTRANET accounts and ensure adequate liquidity in settlement accounts.

Financial Impact: Medium - Members must account for both SEBI turnover fees and 18% GST on their December 2025 trading turnover. Insufficient funds may result in settlement issues or penalties.

Compliance Impact: Standard compliance requirement with clear timelines for data availability and payment debit. Members have three days between information availability (January 02) and debit date (January 05) to arrange funds.

File Reference: Multiple file formats available - TF2Ammyy, TF2Bmmyy, TF2Cmmyy, TF2Dmmyy, TF2Emmyy, TF2Fmmyy, TF2Gmmyy, TF2Hmmyy, TF2Immyy, and TF2Jmmyy (where mmyy represents month and year).

Impact Justification

Routine monthly fee payment notice affecting all trading members with standard 18% GST applicable. Members must ensure adequate funds in settlement accounts by debit date.