Applicability of GST on fees remitted to SEBI - Revision in Chapter - XX of Operational Circular for issue and listing of Non-convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Paper

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..... 0, 2022 To Issuers who have listed and/ or propose to list Non-convertible Securities, Securitised Debt Instruments, Security Receipts or Commercial Paper[Unless specified otherwise, all the chapters are applicable to an issue of Non-convertible securities; ]; Registered Merchant Bankers; and Recognised Stock Exchanges Madam/ Sir, Sub: Applicability of GST on fees remitted to SEBI - Revisio .....

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..... x (GST) on the fees payable to SEBI, informed Market Infrastructure Institutions (MIIs), intermediaries registered with SEBI and companies which have listed/ are intending to list their securities on the Stock Exchange(s) and persons who are dealing in the securities market, that the fees and other charges payable to SEBI shall become subject to GST at the rate of 18% w.e.f. July 18, 2022. 3. Acc .....

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..... te address from where the money is being remitted including State/ UT 12 GST Registration Number of Remitter 13 Purpose for which remittance is made 4. The provisions of this circular shall come into force with immediate effect. 5. The Circular is issued in exercise of the powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992, read with Regulation 55 (1 .....

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