The Bombay Stock Exchange (BSE) on July 31, 2024, issued a circular regarding payment of SEBI Turnover Fees across segments including applicable GST.
The following has been stated: -
•Trading Members of the Exchange are informed that SEBI turnover fee for Cash, Derivatives, Currency Derivatives, Commodity Derivatives, Interest Rate Derivatives, New Debt Segment, Repo Segment, and EGR segment Turnover shall be subject to GST at the rate of 18% with effect from July 18, 2022. Please refer to Exchange Notice No. 20220830-5 in this regard. The turnover fee and applicable GST shall be debited to the respective settlement (valan) account/ Exchange dues account of Trading Members on the 3rd working day of the next month i.e., August 05, 2024.
The detailed circular is given in the document below.
[Notice No. 20240731-1]
