This Securities and Exchange Board of India (SEBI) circular, dated July 18, 2022, informs all Market Infrastructure Institutions, SEBI-registered intermediaries, and companies listed or intending to list on stock exchanges, that the Goods and Services Tax (GST) will be levied on fees and other charges payable to SEBI. This follows the GST Council's recommendation on June 28 and 29, 2022, to withdraw the exemption previously granted to SEBI's services, as notified on July 13, 2022, via Notification No. 4/2022. The applicable GST rate is 18%, effective from July 18, 2022. For further information, contact Amol R Hogade, Dy General Manager, Treasury Accounts Division, General Services Department, at 022 26449652 or amolrh@sebi.gov.in.
Key Entities Referenced
Securities and Exchange Board of India: Regulatory body for the securities market in India; also referred to as SEBI.
Market Infrastructure Institutions: Entities that provide critical infrastructure for the securities market. (e.g., stock exchanges, clearing corporations, depositories).
Goods Services Tax: An indirect tax levied on the supply of goods and services in India; also referred to as GST.
GST Council: A body that makes recommendations to the Union and State Governments on issues related to Goods and Services Tax.
Notification No.4/2022: Official government notification regarding withdrawal of GST exemption to SEBI.
Treasury Accounts Division General Services Department: A division within SEBI.
Amol R Hogade: Dy General Manager at Securities and Exchange Board of India
Maharashtra: State in India where Securities and Exchange Board of India office is located.
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Securities and Exchange Board of India
परिपत्र / CIRCULAR
सबे ी/एच.ओ./जी.एस.डी./टी.ए.डी./सीआईआि/पी/2022/0097 जलु ाई 18, 2022
SEBI/HO/GSD/TAD/CIR/P/2022/0097 July 18, 2022
प्रति / To,
बाजाि की सभी बुतियादी सस्ं थाए ँ(एम.आई.आई.)
All Market Infrastructure Institutions
सेबी के यहा ँ ितजस्टि सभी मध्यविी (इंटिमीतडयिीज़)
All intermediaries registered with SEBI
वे सभी कंपतियाँ जो अपिी प्रतिभूतिया ँ(तसक्यूरिटीज़) स्टॉक एक्सचेंजों म ें सूचीबद्ध (तलस्ट) किवा चुकी
हों / किवािा चाहिी हों
All Companies who have listed / are intending to list their securities in stock
exchanges
महोदय / महोदया,
Dear Sirs / Madam,
तवषय: सबे ी को अदा की जाि े वाली फीस पि जी.एस.टी. लगाए जाि े के सबं धं म ें
Sub: Levy of Goods & Services Tax (GST) on the fees payable to SEBI
1. जी.एस.टी. परिषद ि े 28 जूि, 2022 औि 29 1. The GST Council in its meeting held
जूि, 2022 को हुई अपिी बैठक में यह तसफारिश on June 28 and June 29, 2022,
भी की ह ै कक सेबी द्वािा प्रदाि की जािे वाली recommended inter alia to withdraw
सेवाओं के संबंध में दी गई छूट वापस ले ली
the exemption granted to services by
जाए, औि तजसे िािीख 13 जुलाई, 2022 की
SEBI and the same has been
अतधसूचिा स.ं 4/2022 के माध्यम स े
notified vide Notification No.4/2022
अतधसूतचि भी कि कदया गया ह।ै
dated 13th July, 2022.
2. िदिुसाि, बाजाि की सभी बुतियादी संस्थाओं 2. Accordingly, all the Market
(एम.आई.आई.) को, उि कंपतियों को जो अपिी Infrastructure Institutions,
प्रतिभूतिया ँ (तसक्यूरिटीज़) सूचीबद्ध (तलस्ट)
Companies who have listed / are
किवा चुकी हों / किवािा चाहिी हों, अन्य
intending list their securities, other
मध्यवर्िियों (इंटिमीतडयिीज़) को औि प्रतिभूति
intermediaries and persons who are
बाजाि (तसक्यूरिटीज़ माकेट) में लेिदिे किि े
dealing in the securities market, are
वाल े व्यतियों को इस परिपत्र (सकुिलि) के
hereby informed that the fees and
माध्यम स े यह सूतचि ककया जािा ह ै कक सेबी को
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Securities and Exchange Board of India
अदा की जािे वाली फीस औि अन्य शुल्क आकद other charges payable to SEBI shall
पि 18 जुलाई, 2022 स े 18% की दि स े be subject to GST at the rate of 18%
जी.एस.टी. लगेगा । with effect from July 18, 2022.
भवदीय / Yours faithfully,
अमोल आि. होगाडे Amol R Hogade
उप महाप्रबंधक Dy General Manager
कोष एव ं लखे ा प्रभाग Treasury & Accounts Division
सामान्य सेवा तवभाग General Services Department
दिू भाष / Tel No.: 022 26449652
ईमेल / Email: amolrh@sebi.gov.in
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