Calculation of GST on Charges at FYERS

How is the Goods and Services Tax (GST) computed on total charges at FYERS?

GST, or Goods and Services Tax, is a unified tax applied to goods and services. It's levied from the manufacturer or service provider right through to the end consumer. In the securities market, the standard GST rate is set at 18% across all segments. This tax is applied to the combined value of the brokerage and total transaction charges, which includes both the Exchange Transaction fee and Clearing Member charges.

    • Related Articles

    • What are the brokerage charges for currency Futures & Options at FYERS?

      At FYERS, for currency futures, we adopt a flat pricing policy, similar to equity futures. You will be charged either ₹20 per executed order or 0.03% of the transaction value, whichever is lower. For currency options, a fixed charge of ₹20 is levied ...

    • What are the DP charges at FYERS?

      At FYERS, we continually strive to provide competitive pricing. Initially, we charged a DP fee of ₹10 + ₹5.5 (CDSL charges) + 18% GST on the sum of ₹15.5 for the sale-side of delivery transactions settled on T+2 days. However, effective from 5th ...

    • Do I need to pay DP charges for Buy Today Sell Tomorrow (BTST) transactions at FYERS?

      Yes, from 19th July 2021 onwards, DP charges will apply to BTST trades due to changes in the settlement process. Previously, DP charges were not levied on such trades. Let’s delve into understanding the impact of these changes and how DP charges have ...

    • What are the Demat service charges at FYERS?

      Good news! Opening a Demat Account with FYERS is free and there's no Annual Maintenance Charge (AMC). A detailed breakdown of charges related to our Demat services can be found in the Charges List. Additionally, the tariff sheet in the Demat account ...

    • Why Does FYERS Block an Extra Amount on Real-time Orders?

      At FYERS, our aim is to keep trading processes transparent and straightforward for our valued customers. When you initiate an order, we earmark a nominal sum from your balance to accommodate the brokerage charges for that specific transaction. This ...