Settlements Amount = product price - commission% – market fees – GST – TDS- TCS
Settlements= Amount will be credited to your bank account within 7 to 8 working days of dispatch.
Product Price = Listing price & Shipping charge paid by customer.
Commission = 0% commission in all category.
Market fees - including shipping charges.
GST = 18% GST by the Indian Govt.
MARKET FEE. = A small amount that peckup charges on all transactions.
Market Fee is a small amount charged for every successful sale transaction. A successful sale transaction is an order which has been successfully delivered to the customer and has not been returned. In case of customer or courier returns, this fee will not be charged.