Important Note:
– Shipping Fees are only estimated. The actual shipping cost would vary based on the Volumetric weight of your packaging and details entered at the time of Product Pickup request.
– Please try to add the weight as close to the actual packaging cost as possible to get the estimated shipping.
Calculation:
Total Earnings = Selling Price – Commission Fee – Shipping Fee – GST – TCS
Net Payout = Total Earnings – TDS
E.g.
The Selling Price of a Handmade Candle is ₹1500
GST rate is 12% (Calculated automatically based on your category selected above)
The taxable Amount is ₹1339.29
Commission Fee (8% for Premium Plan) is 8% X 1339.29 = ₹107.14
For Weight 450gm Shipping Fees = ₹30
Total Fees = ₹137.14
18% GST = ₹24.69
TCS 1% of Taxable Amount = ₹13.39
Hence,
Total Earnings = ₹1500 – ₹107.14 – ₹30 – ₹24.69 – ₹13.39 = ₹1324.78
Net Payout = ₹1324.78 – ₹13.25 = ₹1311.53