SEBI Turnover Fees To Include 18% GST Across All Segments, New Guidelines Issued
SEBI has imposed an 18 per cent GST on turnover fees across all trading segments, effective from July 18, 2022. Payments will be debited monthly, with detailed invoices available on EXTRANET.
Payment Process and Important Updates for Trading Members |
Mumbai: 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 per cent Goods and Services Tax (GST) starting July 18, 2022.
Payment and Invoicing Details
Trading members are required to ensure that sufficient funds are available in their settlement (valan) accounts or Exchange dues accounts for this payment. The turnover fees, along with the applicable GST, will be debited on the 3rd working day of each month, with the next debit scheduled for April 3, 2025.
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Accessing Turnover Details and Invoices
Members can view the turnover details and the corresponding fees in EXTRANET under the path: EQ > Transaction, available from April 2, 2024. Invoices for March 2025 will also be accessible in EXTRANET under: Periodic files > 2025 > ZIP (file name: SEBIMAR2025. Member_Code).
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Separate Debits for Clarity
SEBI turnover fees, including the 18 per cent GST, will be debited separately from the members’ accounts with clear narration for easy identification.
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