Let us Understand Enterprise plan with an Example;
If the same product as in above example was hosted by a vendor with Enterprise plan, product with Onscreen Price of ₹ 500, HSN for the product is 3101 with GST slab 5%. Shipment weight of the product is 2 Kgs and is a Pre-paid Order
The calculation will be as follows;
- 5% of MRP (On screen Price) is ₹ 25
- Reduce: ₹ 500 – ₹ 25 = ₹475
- Payment gateway charges 4% of the transaction (Subject to change as per Payment gateway norms)
- Reduce 4% of ₹ 475 = ₹ 23.75, Reduce ₹ 475 – ₹ 23.75 = ₹ 451.25
- Shipping Charges = ₹ 171.7 (9% Discount on Shipping charges)
- Reduce ₹ 171.7 from ₹ 451.25 = ₹ 279.55
- COD Charges if Any: Nil.
- Vendor’s payout will be ₹ 279.55.
- In case the Vendor has opted for Self Ship the payout is ₹ 451.25.
This calculation is for helping you to calculate the Cost of your product. The above calculation may change in case if there is a change of GST slabs, Increment or decrement of Courier charges by the shipping partner or any other cause beyond the control of Ecotika. Discount is subject to backend discount to Ecotika from its courier partner.