Payment of GST on SEBI turnover fee for Cash, Derivatives, Currency Derivatives, Commodity Derivatives, Interest Rate Derivatives, New Debt Segment, and Repo Segment Turnover

LegalitySimplified

The Bombay Stock Exchange (BSE) on November 30, 2022 has issued a notification regarding the SEBI turnover fee for Cash, Derivatives, Currency Derivatives, Commodity Derivatives, Interest Rate Derivatives, New Debt Segment, and Repo Segment Turnover. These fees will be subject to GST at the rate of 18% with effect from July 18, 2022. 

The turnover fee along with applicable GST will be debited to the respective settlement (valan) account of Trading Members on the 3rd working day of the next month i.e., December 05, 2022. The turnover across segments and the amount to be debited towards the turnover fees including GST at the rate of 18%, will be made available in EXTRANET (current date > EQ > Transaction) on December 01, 2022.

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