What we collect from you?

Getting started with zero investment

Our fees and payments policy is quite simple. Makers India offers you Unlimited product listing for totally free of cost. You can add as many variations as you offer for your customers.

Once the person becomes a seller on the Makers India marketplace, they can add unlimited products for free and we only charge a fee when a product is sold.

After-sale charges

Makers India charges varies according to the product pricing.

Transaction Fee

When you make a sale through makersindia.in, you will be charged a transaction fee of 5% of the price you display for each listing plus the amount you charge for delivery and gift wrapping. This 5% is the charge of the payment gateway service provider, which goes to them.

When the buyer makes a payment, a 2.5% charge is deducted, and when you request a withdrawal through PayPal there’s an additional transaction fee of 2.5%. So the total transaction fee is 5% for online sellers.

But there is an option to minimize this transaction charge on your dashboard. Every seller has to choose a withdrawal payment mode from their dashboard, which provides two options:

• PayPal Withdrawal: 2.5% transaction charge
• Direct Bank Transfer: 0% transaction charge

You can minimize the transaction charges by choosing Direct Bank Transfer on the withdrawal payment option. Then the total transaction charge deduction will be 2.5% only when the buyer pays an order.

Additional COD options

There is an option available to all our Sellers in case they want to offer Cash on Delivery to their customer, as this is an attractive way to attract more buyers.

As Makers India provides all the shipping and fulfillment to all our sellers, we also offer COD shipments with an additional charge of 3.5% of the order amount which is to be paid to the courier partners for the shipment.

Fee Avoidance

Any action by a seller to avoid paying a fee is considered fee avoidance and is strictly prohibited by Makers India. This includes, for example, encouraging buyers to purchase an item in your Makers India shop through another venue. A transaction initiated on Makers India may not be completed off of Makers India. The price stated in each listing description must be an accurate representation of the sale. Sellers may not alter the item’s price after a sale for the purpose of avoiding Makers India transaction fees, misrepresent the item’s location, or use another user’s account without permission.

How we collect Fees

All the payments and transactions are to be made onsite by the seller and buyer. We collect all the payments and automatically deduct all charges including taxes and then the seller can request for withdrawal anytime after the return period is over. Makers India will automatically deduct all fees owed from your payment account. Provided you have sufficient funds in your payment account no further payment action is required. If your payment account does not contain sufficient funds you are responsible for paying any fees owed in full within 15 days of the date of your monthly statement, or the account will be considered past due, and Makers India may charge your card on file or take other actions to collect funds as laid out in the Recoupment section of Makers India’s Payments Policy. If you make a sale while you have an outstanding balance the net sale amount will be applied to your outstanding balance. You may pay your outstanding balance manually by credit card, debit card, or PayPal. Sellers may also enroll in AutoBilling, Makers India’s reverse withdrawal outstanding fee payment option.

Makers India may suspend your selling privileges at any time pending payment of your outstanding

 Makers India Payments

Makers India Payments enables sellers to accept various forms of payment in their local currencies while using Makers India’s services. Sellers registered for Makers India Payments can accept payment by credit card, debit card, Makers India Gift Card and Makers India Credit, PayPal, some bank transfer services, Apple Pay and Google Pay.

You can register for becoming a seller here and will be automatically registered for Makers India payments.

Taxes

Aside from the limited circumstances set out below, you are responsible for collecting and paying any taxes associated with using and making sales through Makers India’s services. Each customer with the registered business must provide their GST no. for the invoices and billing and pay off their taxes on time. Those customers who are not a registered business entity and having a business above the limit or comes under the criteria of taxation must avail register their businesses to pay off the taxes and avail additional benefits.

A. Listing your items on Makers India

If you sell physical goods on Makers India and reside in any part of India, you may utilize our sales tax tool to calculate the tax owed on each sale. Indian sellers can learn more about collecting sales tax in this Help article.

There is a sales tax of 2.5% on the product price for certain categories which will automatically be collected from the seller and this sales tax can be collected by filing your taxation due on time. You will be provided with the invoices with the sales tax on them.

Where Makers India is required to collect sales tax/GST on your behalf, Makers India will use the category you assigned to each listing to calculate, collect and remit the applicable taxes. You are solely responsible for ensuring that all of your listings are properly categorized, and you agree to indemnify Makers India for any losses it incurs in connection with any miscategorization of your listings.

Please remember that Makers India’s fees do not include any withholding taxes that might apply in your home state. You are required to pay Makers India the full amount of our fees and may not deduct any applicable withholding taxes from that amount.

B. Taxes on Seller Services

Sales Tax on Subscription Fees

Where applicable, state sales tax will be applied to the product slot fee, vendor membership subscription fee, and the Makers India commission fee Plus the shipping fee charged by Makers India.

VAT on Seller Fees

Depending on your business status and location, Makers India may be required to apply GST on seller fees charged each month and remit it to the relevant tax authority. GST is collected on all Makers India fees for sellers located in countries where GST should be applied. To learn more about how GST works on Makers India follow this article.

C. Taxes We Collect and Remit from Buyers on Behalf of the Seller

In some states, Makers India will collect the sales tax amount from the buyer and pay this to the relevant tax authority. If the sale was made through Makers India Payments, the sales tax amount will appear in your payment account and is deducted from your current balance.

For items dispatched to certain states, including but not limited to Indian states (or, for digital items, those purchased with an Indian state billing address), Makers India will use the category you assigned to each listing to calculate, collect, and remit the applicable sales tax. For a full list of these states, please see here. Note that in those states where Makers India is required to collect on sales into the state made by nonresident sellers, Makers India will also be collecting on those sales made by resident sellers. As an example, Makers India will be collecting on all (taxable) purchases made in Kerala, including those purchases made by Kerala buyers from Kerala sellers.

Digital GST Fees

Under local laws in certain countries, Makers India is required to collect and remit GST to the relevant tax authorities when you sell a digital item delivered via automatic download to the buyer. Makers India will automatically display the increased amount charged to the buyer of the digital item to collect the correct amount of GST, and we will remit it to the tax authorities. If the sales were made through Makers India Payments, Makers India will collect the GST amount from the buyer and pay the GST to the relevant tax authority, and you will not have to take any further action. If the sale was not made through Makers India Payments, you will receive the additional amount paid by the buyer for the GST, and you will need to pay this amount to Makers India. The GST amount paid by the buyer will appear on your payment account and will be deducted from your current balance.

6. Makers India Gift Cards, Credits & Coupons

If you are registered to use Makers India Payments, you may accept payment by Makers India Gift Cards, Credits, and Coupons. Makers India Gift Cards, Credits, and Coupons are subject to the Makers India Gift Cards, Credits & Coupons Policy. Makers India also charges the Makers India Payments payment processing fee described above on Makers India Gift Card, Credit, and Coupon transactions.