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 9:15 PM Trade_NCCL_CO_0_TM_<TMID>_YYYYMMDD_F_0000.CSV
Trade Report for Clearing Member 9:15 PM Trade_NCCL_CO_0_CM_<Primary Member code>_YYYYMMDD_F_0000.CSV
2 Risk Parameter Files BMS_RPF Risk Parameter File BOD 10:00 PM BMS_RPF.XML
BMS_RA Risk Array File EOD 9:15 PM BMS_RA06.XML
BMS_RA Risk Array File BOD 10:00 PM BMS_RA00.XML
BMS_RA Risk Array Files - 5 Intraday files Multiple BMS_RA<nn>.XML
3 Margin Files UDiFF Margin Report for Trading Member 9:15 PM Margin_NCCL_CO_0_TM_<memcode>_<Trade date>_F_0000.CSV
Margin Report for Clearing Member 9:15 PM Margin_NCCL_CO_0_CM_<memcode>_<Trade date>_F_0000.CSV
MG11 Margin Payable Report for Clearing Member 9:15 PM NCDEX_MG11_<Prime_Member_code>_DDMMYYYY.LIS
MG18 Margin Reporting for Clearing Member 9:15 PM NCDEX_MG18_<Prime Member Code>_<DDMMYYYY>.LIS
MG19 Margin Reporting for Trading Member 9:15 PM NCDEX_MG19_<Trading Member Code>_<DDMMYYYY>.LIS
MG 20 Margin Reporting for STCM and PCM 9:15 PM NCDEX_MG20_<Prime Member Code>_<DDMMYYYY>.LIS
4 Short Allocation MGN Margin and EOD Short Allocation Reporting to Trading Member 11:00 PM <Trading Member Code >_MGN_DDMMYYYY
MGN Margin and EOD Short Allocation Reporting to Clearing  Member 11:00 PM <Primary Member Code >_MGN_DDMMYYYY
5 Position File UDiFF Position File for Trading Member 9:15 PM Position_NCCL_CO_0_TM_<memcode>_<Trade date>_F_0000.CSV
Position File for Clearing Member 9:15 PM Position_NCCL_CO_0_CM_<memcode>_<Trade date>_F_0000.CSV
6 Stamp duty Files UDiFF Stamp Duty Report for Trading member 9:15 PM StampDuty_NCCL_CO_0_TM_<Trading Member Code>_YYYYMMDD_F_0000.CSV
Stamp Duty Report for Clearing member 9:15 PM StampDuty_NCCL_CO_0_CM_<Primary Member Code>_YYYYMMDD_F_0000.CSV
7 CTT Files UDiFF CTT report for Clearing Member 9:15 PM CTT_NCCL_CO_0_CM_<Primary Member code>_YYYYMMDD_F_0000.csv
CTT report for Trading Member 9:15 PM CTT_NCCL_CO_0_TM_<Trading Member Code>_YYYYMMDD_F_0000.csv
8 Bank obligation BK01 Netted Bank Transaction Report 9:15 PM NCDEX_BK01_<CM Primary Member Code>_<DDMMYYYY>.CSV
9 Delivery related files SS03 Settlement Report for Deliveries Obligation 9:15 PM NCDEX_SS03_<CM Primary Member Code>_<STP TYPE><STP NUMBER>.CSV
SS06 Settlement Report for Deliveries Obligation 9:15 PM NCDEX_SS06_<CM Primary Member Code>_<STP TYPE><STP NUMBER>.CSV
AL02 Delivery Allocation Status Report for Clearing Member 9:15 PM NCDEX_AL02_<CM Primary Member Code>_DDMMYYYY.CSV
AL03 Delivery Allocation Status Report for Trading Member 9:15 PM NCDEX_AL03_<Member Code>_DDMMYYYY.CSV

Note:

  1. On Expiry days & Contract launch days, it might take additional 3 hours on above Cut-off time for providing the files
  2. Above indicative file timings are based on the Exchange trade end time at 5 pm.