Foggmart seller commission rates
“Foggmart charge 0% commission for all categories and products.“(But keep one thing in mind that the shipping cost will be added to your product in your final price. So whenever you list your product, enter the correct dimensions of the product in the shipping column so that we can add the shipping cost keeping in mind the dead weight and volumetric weight.)
Foggmart Easy Shipping Fees:
If you wish to have your product shipped through Foggmart, you will have to pay the following charges:
Foggmart Commission Fees
0% commission for all categories and products.
Foggmart Shipping Fees
Varies by item volume and distance.
How much you get paid?
Price you decide to enter with Foggmart
0% commission fee of product price
Depends on product, weight or dimensions
18% GST on Commission fee/ 1% TCS on Base Price/ 1% TDS on Base Price
Deposited to your bank account on 15th day of order delivery
We do not charge any other kind of fees to seller
No Fixed Fees
No Collection Fees
No Handling Fees
Note: You will also have to pay GST on whatever commission you are charged.
Foggmart Shipping Fees & Cost:
| Product Weight|
|Shipping cost will be added to your product|
(All over India)
|Up to 500 gm||₹ 130.00/-|
|500 gm to 1 Kg||₹ 180.00/-|
|1 Kg to 1.5 Kg||₹ 220.00/-|
|1.5 Kg to 2 Kg||₹ 260.00/-|
|2 Kg to 2.5 Kg||₹ 310.00/-|
|2.5 Kg to 3 Kg||₹ 340.00/-|
|Above 3 Kg||Depend on product weight and dimensions.|
Product Return – If the customer returns the product as specified in the return policy, the seller will be charged shipping charges and if the customer returns the product for any other reason, the seller will not be charged.
RTO = Return to Origin, in the case that the customer is not available to receive the courier, it is returned back to the shipper.
DTO = Delivery to Origin, in the case that the customer wants to return the product back to the shipper.
Weight Measurements: Dead weight or volumetric, whichever is higher. For volumetric weight calculation, all sides are measured in cm.
“The seller has to keep in mind that if the order of the product is prepaid then he will get the payment within 7
days and if the order is in cash on delivery, then he will have to wait for 15 days for payment.”
Suppose: If your product is delivered by prepaid on 1st Jan 2021, settlement amount for that product will be deposited in your bank account on 8th Jan 2021.
If your product is delivered by cash on delivery on 1st Jan 2021, settlement amount for that product will be deposited in your bank account on 16th Jan 2021.
Please note that the payment is made after deducting the sum of:
Commission percentage 0% per order + GST on commission 18% + Penalty (if any) + TDS 1% on base price + TCS 1% on base price from your Selling Price.
Tax deducted at source (TDS) u/s 194- O mandates e-commerce companies to deduct TDS on sales of goods & services through their platform. This is effective from October 1,2020. The rate of TDS applicable will be 1% (of base sale price) from October 1, 2020.
The dealers or traders supplying goods and/or services through e-commerce operators will receive payment after deduction of TCS @ 1%. The rate is notified by the CBIC in Notification no. 52/2018 under CGST Act and 02/2018 under IGST Act. This means for an intra-state supply TCS at 1% will be collected, i.e. 0.5 % under CGST and 0.5% under SGST. Similarly, for a transaction between the states, the TCS rate will be 1%, i.e. under the IGST Act.
Once the product is delivered to the customer, the payment will get processed within 7 (Prepaid orders) or 15 (Cash on Deliver orders) working days from the date of delivery of the product.
Payment is transferred every day except for bank holidays and it is processed during the banking hours only.
**This table of calculation is for representation purposes only**
|PAYOUT||EXAMPLE: (Product) Bedsheet|
|Selling Price (Tax Excluded)||₹ 1,000.00/-|
|Commission 0%||₹ 0/-|
|GST @ 18% on Commission||₹ 0/-|
|TCS (1%) On base price||₹ 10.00/-|
|TDS (1%) On base Price||₹ 10.00/-|
|Final Payout||₹ 1000-10-10 = ₹ 980.00/-|
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. The rate of TDS applicable is 1% of the base selling price from October 1 2020. However in cases where in the PAN is unavailable or invalid, TDS at 5% will be applicable.
Products Updating Charges:
Foggmart company provides 2 options to its seller to put the product. So that the seller does not have to face any problem.
- The seller who wants to list the product himself in his seller panel can update them by logging into his panel.(No Updating Charges Will Applied)
- For those sellers who do not want to update the product themselves or do not have much time or do not know how to update the product, the company will update the products in their seller panel. But for that the seller will have to pay some charges of product updating to the company.
|Number Of Products||Updating Charges|
|Up To 10 Products||₹ 200.00/- Per Month|
|Up To 20 Products||₹ 400.00/- Per Month|
|Up To 30 Products||₹ 600.00/- Per Month|
|Up To 40 Products||₹ 800.00/- Per Month|
|Up To 50 Products||₹ 1000.00/- Per Month|
|Up To 100 Products||₹ 1800.00/- Per Month|