The Bombay Stock Exchange (BSE) on December 31, 2024, issued the notification regarding the Payment of SEBI Turnover Fees across segments including applicable GST.
The following has been stated namely: -
• The turnover fee along with applicable GST shall be debited to the respective settlement (valan) account/ Exchange dues account of Trading Members on the 3rd working day of the month i.e., January 03, 2025.
• Trading Members may please note that:
o The turnover across segments and the amount to be debited towards the turnover fees including GST at the rate 18%, shall be made available in EXTRANET (current date > EQ > Transaction) on or after January 02, 2025. GST at the rate 18% shall be payable for the month on the amount mentioned in column no. 26 of TF2A file.
o Invoices shall be made available on or before January 02, 2025, in EXTRANET and the same are available on the following path for download. (Periodic files > 2024 > ZIP with file name SEBINOV2024.Member_Code) for the month of December 2024.
• Members are requested to note that SEBI turnover fees including applicable GST will continue to be debited separately from the Member’s settlement account/ Exchange dues account with appropriate narration against the entry.
• In view of the above, the Members are requested to ensure that sufficient funds are available in their settlement account (valan account)/ Exchange dues account for the purpose of payment of SEBI Turnover Fees.
[Notification No. 20241231 – 2]