The National Stock Exchange (NSE) on March 20, 2024, issued a notification regarding the SEBI Annual Clearing Membership fees payable by the Clearing and Self Clearing Members of Equity Derivatives, Currency Derivatives, Interest Rate Derivatives, Debt and Commodity Derivatives Segment of the NSE Clearing Limited for the Financial year 2024-25.
SEBI Annual Clearing Membership fees of Rs. 50,000/, for each of the segments in which they are registered as Clearing/Self-Clearing Members. The SEBI Annual Clearing Membership fees shall not be applicable for Clearing/Self Clearing Members in the Debt Segment if they are required to pay SEBI Annual Clearing Membership fees as Clearing/Self Clearing Member either for Equity Derivatives or Currency Derivatives or Interest Rate Derivatives or Commodity Derivatives Segment.
Further, as per SEBI Circular fees and other charges payable to SEBI shall be subject to GST at the rate of 18% with effect from July 18, 2022. In this regard, Clearing/Self-Clearing Members are informed that SEBI Annual Clearing Membership fees of Rs. 50,000/+GST - for F.Y. 2024-25, will be debited from the respective segment’s Settlement Bank Accounts, for which they are Clearing/Self Clearing Members from May 3, 2024, onwards till full collection of the fees.
Ensure that sufficient funds are maintained in the respective bank accounts on the aforesaid date.
It may be noted that in case funds are not available in the bank accounts provided, their Settlement Bank account for any other Segment will be debited.
[Notification No. NCL/CMPL/61221]
