Dated: November 30, 2022
N O T I C E
All Entities are hereby informed that the Exchange has received a Circular from SEBI Vide Ref.No.SEBI/HO/DDHS/DDHS_Div1/P/CIR/2022/0000000152, dated November 10, 2022 regarding 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. The contents of the said circular are reproduced hereunder for information.
Quote:
CIRCULAR SEBI/HO/DDHS/DDHS_Div1/P/CIR/2022/0000000152 November 10, 2022
To
Issuers who have listed and/ or propose to list Non-convertible Securities, Securitised Debt Instruments, Security Receipts or Commercial Paper1; Registered Merchant Bankers; and Recognised Stock Exchanges
Madam/ Sir,
Sub: 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
Paragraph b of the said chapter shall be replaced with the following:
“Provide the remittance particulars by email at od-ddhs@sebi.gov.in, immediately after the remittance is made, in the following format:
1Unless specified otherwise, all the chapters are applicable to an issue of Non-convertible securities;
Sl. No. |
Particulars |
Remarks |
1 |
Date of remittance |
|
2 |
Amount remitted (break-up of fee and GST thereof) (Amount in INR) |
Fees amount |
GST@18% |
||
Total amount paid |
||
3 |
Remitter account number |
|
4 |
Name of the Origin Bank |
|
5 |
Remitter IFSC code |
|
6 |
UTR No./ Transaction Reference No. |
|
7 |
Payment product code (NEFT, RTGS, etc.) |
|
8 |
Registered name of remitter |
|
9 |
Registered office address of remitter including State/ UT |
|
10 |
Email address |
|
11 |
Complete address from where the money is being remitted including State/ UT |
|
12 |
GST Registration Number of Remitter |
|
13 |
Purpose for which remittance is made |
|
Yours faithfully,
Pradeep Ramakrishnan General Manager
Department of Debt and Hybrid Securities
+91-22-26449246
Unquote: -
All Entities are requested to take note of the contents of the aforesaid Circular of SEBI and act accordingly.
Dhiraj Chakraboty
CGM & Compliance Officer