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Here’s the rate card for selling on PAYTM MALL (for dropship model):
| Fee Name | Definition | Fee details | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Marketplace Commission | It is a fee charged per order for the use of Paytm Mall marketplace | Varies as per product category | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Payment Gateway Charges | These are the charges levied on authorizing payments on Paytm Mall. | 2.7% of Selling Price | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Logistic Charges | These are the charges levied on orders shipped to customers. These are charged as per the pre-defined weight slabs. |
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| TCS | It is a Govt.-authorized Tax that is deducted from your payout and deposited to the govt. | 1% of the base price
Base price = Selling price – applicable GST on the product |
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| TDS | Tax deducted at source (TDS) u/s 194-O mandates e-commerce companies to deduct TDS on sales of goods and services through their platform. This will be effective from 1 October 2020. The rate of TDS applicable will be 0.75% ( of the base selling price) from October 1 2020 to 31 March 2021 and will be 1% ( of the base selling price) post 31st March 2021. However, in cases wherein the PAN is unavailable or invalid, TDS at 5% will be applicable. For more details, click here. | 0.75% of the base price
Base price = Selling price – applicable GST on the product |
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| Fixed Closing Fee | This fee is charged on every successful sale on Paytm Mall’s marketplace platform that is successfully delivered to a customer. This fee does not apply to orders that are returned or canceled and varies based on the product price range. |
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| Example | Final Payout on a Delivered order (Application of above-mentioned charges) |
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| Return Charges: Customer Return | Policy for an order returned by a customer whose refund has to be processed (applicable to all types of customer-returned orders). |
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| Reverse Logistic Charges | These are the charges levied on orders that are returned to you. Returns that are requested from the customer’s end as per the return policy. Such Orders are called Return After Delivery ( Or DTO). These are calculated basis of the pre-defined weight slabs of the product. |
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| Example | Amount to be recovered in case of a Returned order. Applicable only to DTO orders
(Application of total reverse charges on a Returned order) |
Paytm Mall will be recovering any payout if paid to you from our end. |
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| Return Charges: Replacement* | Policy for an order requiring a replacement product to be delivered to the customer. |
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| Example | Final payout in case of a Replacement order
(Application of all charges levied on a Replacement order) |
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| Cancellation and/or SLA breach penalty (if applicable) | Penalties levied on you in case of order cancellation and/or breach of the SLA | Cancellation penalty – 7%* of Selling Price
SLA breach penalty – 3%* of Selling Price (minimum penalty amount = Rs. 35*) *excluding taxes |
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* For Orders that are returned after replacement, charges will be levied as per ‘Customer Return’
– Abbreviations used for the rate card:
TCS = Tax Collected at Source
TDS = Tax Deducted at Source
RTO = Return To Origin (Also called Return Before Delivery)
DTO = Delivered To Origin (Also called Return After Delivery)
SLA = Service Level Agreement
Please note:
- The above-mentioned charges are exclusive of GST
- Fixed Closing Fee will be applicable from 1st Feb 2020
- New Logistic Charges will be applicable from 15th April 2021
- TDS charges will be applicable from 1st Oct’ 2020