Timelines
| Particulars | Timelines for completion of the activity at the Clearing Corporation |
|---|---|
| Credit in beneficiary account * | On submission of all documents to the warehouse, credit in beneficiary account within 7 days of fresh deposit |
| Physical Withdrawal of goods * | Physical delivery to be initiated within 2 days of tendering remat request at the warehouse under normal circumstances |
| Assayers certificate * | 4 days of physical deposit in the warehouse |
| * Except Cotton, MAW commodities and subject to quantity & actual deliveries happening at warehouse | |
| Sales Tax Details : | |
|---|---|
| 1. Buyer Details | Buyer details should be updated in the sales tax module by 3:00 PM on T+3 day. |
| 2. Seller Details | Seller details should be updated in the sales tax module by 3:00 PM on T+4 day. |
| Receipt / payment of sales tax amount | If sales tax is applicable and seller has updated the information on the NCFE web portal by T+4 day, then the sales tax amount will be received by the seller on T+5. |
| Issuance of invoices by sellers | Seller should provide the detail of invoices on NCFE Web Portal by end of the day of T+5. |
| Receipt of invoices by buyers | Seller should dispatch the Invoice documents by T+7 so that the Buyer receives the same by T+9. |
| Reporting of non-receipt of valid invoices to the Clearing Corporation | Discrepancies in invoice/documents or non-receipt of documents by buyer has to be reported to the Clearing Corporation by T+9. |
Indicative timelines of EOD files.
| Sr. No. | Type of File/Report | File name | File Name Details | Cut-off time for sharing - NCCL Timelines | File Naming convention |
|---|---|---|---|---|---|
| 1 | Trade File | UDiFF | Trade Report for Trading Member | 03:00 AM | Trade_NCCL_CO_0_TM_<TMID>_YYYYMMDD_F_0000.CSV |
| Trade Report for Clearing Member | 03:00 AM | Trade_NCCL_CO_0_CM_<Primary Member code>_YYYYMMDD_F_0000.CSV | |||
| 2 | Risk Parameter Files | BMS_RPF | Risk Parameter File BOD | 03:45 AM | BMS_RPF.XML |
| BMS_RA | Risk Array File EOD | 03:00 AM | BMS_RA10.XML | ||
| BMS_RA | Risk Array File BOD | 03:45 AM | BMS_RA00.XML | ||
| BMS_RA | Risk Array Files - Intraday files | Multiple | BMS_RA<nn>.XML | ||
| 3 | Margin Files | UDiFF | Margin Report for Trading Member | 03:00 AM | Margin_NCCL_CO_0_TM_<memcode>_<Trade date>_F_0000.CSV |
| Margin Report for Clearing Member | 03:00 AM | Margin_NCCL_CO_0_CM_<memcode>_<Trade date>_F_0000.CSV | |||
| MG11 | Margin Payable Report for Clearing Member | 03:00 AM | NCDEX_MG11_<Prime_Member_code>_DDMMYYYY.LIS | ||
| MG18 | Margin Reporting for Clearing Member | 03:00 AM | NCDEX_MG18_<Prime Member Code>_<DDMMYYYY>.LIS | ||
| MG19 | Margin Reporting for Trading Member | 03:00 AM | NCDEX_MG19_<Trading Member Code>_<DDMMYYYY>.LIS | ||
| MG 20 | Margin Reporting for STCM and PCM | 03:00 AM | NCDEX_MG20_<Prime Member Code>_<DDMMYYYY>.LIS | ||
| 4 | Short Allocation | MGN | Margin and EOD Short Allocation Reporting to Trading Member | 03:00 AM | <Trading Member Code >_MGN_DDMMYYYY |
| MGN | Margin and EOD Short Allocation Reporting to Clearing Member | 03:00 AM | <Primary Member Code >_MGN_DDMMYYYY | ||
| 5 | Position File | UDiFF | Position File for Trading Member | 03:00 AM | Position_NCCL_CO_0_TM_<memcode>_<Trade date>_F_0000.CSV |
| Position File for Clearing Member | 03:00 AM | Position_NCCL_CO_0_CM_<memcode>_<Trade date>_F_0000.CSV | |||
| 6 | Stamp duty Files | UDiFF | Stamp Duty Report for Trading member | 03:00 AM | StampDuty_NCCL_CO_0_TM_<Trading Member Code>_YYYYMMDD_F_0000.CSV |
| Stamp Duty Report for Clearing member | 03:00 AM | StampDuty_NCCL_CO_0_CM_<Primary Member Code>_YYYYMMDD_F_0000.CSV | |||
| 7 | CTT Files | UDiFF | CTT report for Clearing Member | 03:00 AM | CTT_NCCL_CO_0_CM_<Primary Member code>_YYYYMMDD_F_0000.csv |
| CTT report for Trading Member | 03:00 AM | CTT_NCCL_CO_0_TM_<Trading Member Code>_YYYYMMDD_F_0000.csv | |||
| 8 | Bank obligation | BK01 | Netted Bank Transaction Report | 03:00 AM | NCDEX_BK01_<CM Primary Member Code>_<DDMMYYYY>.CSV |
| 9 | Delivery related files | SS03 | Settlement Report for Deliveries Obligation | 03:00 AM | NCDEX_SS03_<CM Primary Member Code>_<STP TYPE><STP NUMBER>.CSV |
| SS06 | Settlement Report for Deliveries Obligation | 03:00 AM | NCDEX_SS06_<CM Primary Member Code>_<STP TYPE><STP NUMBER>.CSV | ||
| AL02 | Delivery Allocation Status Report for Clearing Member | 03:00 AM | NCDEX_AL02_<CM Primary Member Code>_DDMMYYYY.CSV | ||
| AL03 | Delivery Allocation Status Report for Trading Member | 03:00 AM | NCDEX_AL03_<Member Code>_DDMMYYYY.CSV |
Note:
a) On expiry days and contract addition days (one day prior to the contract launch date), it might take an additional 3 hours beyond the above Cut-off time to provide the files.
b) Above indicative file timings are based on the Exchange trade end time at 11.30 pm.