The Bombay Stock Exchange (BSE) on April 28, 2023, notified regarding payment of SEBI Turnover Fees across segments including applicable GST.
The following has been stated-
- The turnover fee along with applicable GST shall be debited to the respective settlement (valan) account of Trading Members on the 3rd working day of the next month i.e., May 04, 2023.
- The turnover across segments and the amount to be debited towards the turnover fees including GST at 18%, shall be made available in EXTRANET (current date > EQ > Transaction) on May 02, 2023. GST at the rate of 18% shall be payable for the month on the amount mentioned in column no. 26 of the TF2A file.
- The invoice shall be made available on or before May 03, 2023, in EXTRANET (current date > EQ > ZIP with file name SEBIAPR2023.Member_Code) for the month of April 2023.
- Members are requested to note that SEBI turnover fees including applicable GST will continue to be debited separately from the Member’s settlement account with appropriate narration against the entry.
- Given the above, the Members are requested to ensure that sufficient funds are available in their settlement account (valan account) for the payment of SEBI Turnover Fees.
[Notification No. 20230428-3]
