New Guidelines: Payment of SEBI Turnover Fees across All Segments to include 18% GST

The Securities and Exchange Board of India (SEBI) has announced that turnover fees for various trading segments, including cash, derivatives, currency derivatives, commodity derivatives, interest rate derivatives, new debt segment, repo segment, and EGR segment, will be subject to an 18% Goods and Services Tax (GST) beginning July 18, 2022.

Trading Members of the Exchange are hereby 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 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 this month, i.e., April 3, 2025.

Trading Members may please note that:

On or after April 2, 2024, the turnover throughout segments, as well as the amount to be debited for turnover fees, including GST at the rate of 18%, will be available in EXTRANET (current date > EQ > Transaction). GST at the rate of 18% shall be charged for the month on the amount specified in column 26 of the TF2A file.

Invoices shall be made available on or after April 2, 2024, in EXTRANET and the same are available on the following path for download. (Periodic files > 2025 > ZIP with file name SEBIMAR2025.Member_Code) for the month of March 2025.

Members are reminded that SEBI turnover fees, including applicable GST, shall continue to be charged individually from the Member’s settlement account/Exchange dues account, with appropriate explanation accompanying 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.

The details of such files are mentioned below: –

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