GST on SEBI fees now applies to regulatory charges, requiring stakeholders to treat fees as taxable supplies and comply accordingly. Fees and other charges payable to the Securities and Exchange Board are subject to Goods and Services Tax following withdrawal of SEBI's exemption by the GST Council and Notification No.4/2022; this applies to Market Infrastructure Institutions, intermediaries, listed and prospective issuers, effective July 18, 2022, requiring stakeholders to treat SEBI fees as taxable supplies and comply with GST collection and payment obligations.
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Provisions expressly mentioned in the judgment/order text.
GST on SEBI fees now applies to regulatory charges, requiring stakeholders to treat fees as taxable supplies and comply accordingly.
Fees and other charges payable to the Securities and Exchange Board are subject to Goods and Services Tax following withdrawal of SEBI's exemption by the GST Council and Notification No.4/2022; this applies to Market Infrastructure Institutions, intermediaries, listed and prospective issuers, effective July 18, 2022, requiring stakeholders to treat SEBI fees as taxable supplies and comply with GST collection and payment obligations.
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