BSE notified regarding the Payment of SEBI Turnover Fees across segments including applicable GST for the month of December

Jan 02, 2025 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe 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]


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