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We follow a Thursday Weekly Cycle, i.e. we will release Payment Instruction to our bank on each Thursday for orders completed on or before Wednesday of that week. In the Thursday payment cycle and you will get paid for the items sold a week prior and have reached "Complete" status.
Selling Price is the price that is listed by a seller on Purchasekaro.com.
Extra shipping is the charges that are paid by the customer during the time of purchase.It is upto seller,whether to charge to the customer or give free shipping.
Gross amount is the summation of Selling Price and Extra Shipping Charges and all the charges are deducted from the Gross Amount.
Gross amount is the summation of Selling Price and Extra Shipping Charges and all the charges are deducted from the Gross Amount.
Percentage of Order item value ( depends on category & sub-category)
(18% of Purchasekaro Selling Charge)
Rs 48 per 499 gram and so on
(18% of Logistics Charges )
It is the payout seller will receive in his bank account after deducting all the charges from Gross Amount
Here’s an easy example, which illustrates a sample the above calculation:
Fees/Price | Amount(Rs.) |
---|---|
Sellers Selling Price from Customer | 900 |
Add: Extra Shipping | 50 |
Gross Amount | 950 |
Purchasekaro Selling Charges (@4% For Example) | 38 |
GST on Purchasekaro Selling Charges (As per Govt. Rule) | 6.84 |
Logistics Charges (48 Rs Per 499 gram and so on) | 48 |
Service Tax on Logistics Charges(As per Govt. Rule) | 8.64 |
Total Payable Amount | 848.52 * |
* The packaging material charges will be deducted only when you order the packaging material from Purchasekaro.com.
Shipping fee is calculated on actual weight or volumetric weight, whichever is higher. This is to account for items which are lightweight but occupy a lot of shipping space.
Volumetric weight is calculated as below.
"Volumetric Weight (kg) = L*B*H (Length x Breadth x Height)/5000 where LBH are in cm"
The current charge are Rs 48 per 499 gram and so on plus GST (As Per Govt Laws) on every product delivered any corner of the country by our seller.