Advertisement

GoStreet Seller Fees & Commission

UPDATED ON – 12 April 2024

Commission on sales

Gostreet have 0% commission rate for every category available on Gostreet.

Charges on delivery

Charges are starting ₹50, Varies on different factors like weight, distance, size.

Charges on withdrawal

There will 2% of deduction from your balance whenever we deposit in your bank account.

Television, Refrigerator, Washing Machines, Air Conditioner & Smartphones

These Four Categories Have Very Low Commission Rate

Currently at - 0%

Grocery

Commission rate for groceries are

Currently at - 0%

All Other Categories

All Other Categories Except ( Grocery, Television, Refrigerator, Washing Machines, Air Conditioner & Smartphones )

Currently at - 5%

 

NOTE– As per Section 206C of the Income Tax Act, a mandatory 1% Tax Collected at Source (TCS) is applicable within the commission rate. For instance, if the commission rate stands at 5%, an additional 1% will be included, resulting in a total deduction of 6% post-sales transactions. This regulatory measure aligns with tax compliance standards and contributes to government revenue generation.

Please note: the Commission & fees mentioned are indicative. The Exact final fee you will be subject could be different because it dependent on multiple factors such as product category, size, weight, volumetric weight, Pickup & Shipping location or additional services availed, etc.

Hyperlocal Delivery Charges (Charged to Sellers)

Within the City (KiloMeter) 
Under 5km: ₹50 
Under 5 to 10km: ₹100 
Under 10 to 20: ₹150 

For Rates in Other Cities and National Deliveries

For detailed pricing information regarding deliveries in other cities and for national shipping, please refer to the comprehensive rate chart provided below:

↪️ SURFACE - FORWARD - 500 G

Weight

City

State

National

Base Fare (upto 500 g)

₹50

₹60

₹70

Every Additional 500 g (upto 4 kg)

₹35

₹45

₹55

Surface - Upto 5 kg and above - Discounted Slab

Base Fare (upto 5 kg)

₹180

₹200

₹250

Every Additional 1 kg (upto 9 kg)

₹25

₹30

₹35

Surface - Upto 10 kg and above - Discounted Slab

Base Fare (upto 10 kg)

₹236

₹255

₹325

Every Additional 1 kg

₹22

₹25

₹35

↩️ Surface - Reverse (DTO) - 500 g

WEIGHT

CITY

STATE

NATIONAL

Base Fare (upto 500 g)

₹50

₹55

₹75

Every Additional 500 g (upto 4 kg)

₹50

₹55

₹70

Surface - Reverse (DTO) - Upto 5 kg and above - Discounted Slab

Base Fare (upto 5 kg)

₹250

₹270

₹340

Every Additional 1 kg (upto 9 kg)

₹37

₹40

₹50

Surface - Reverse (DTO) - Upto 10 kg and above - Discounted Slab

Base Fare (upto 10 kg)

₹344

₹375

₹475

Every Additional 1 kg

₹34

₹37

₹49

Additional Information

Cash On Delivery Rates (COD)   —   ₹ 40.00 or 2% of product bill value whichever is higher

Surface-Volumetric Formula         —   L×B×H / (4000) L, B, H in cms

*Chargeable weight is calculated based on dead weight upto 1 kg and max (dead weight, volumetric weight) for above 1 kg.
  • Wthdrawal Charges are 2% of the Withdraw Request 

Example : You Requested a withdraw of ₹100-₹2 = ₹98. You will get ₹98 After Deducting 2% Payment Withdrawal Charges.

Payment Cycle for Hyperlocal Orders

For orders delivered within a 20 km radius, payments will be credited to the seller’s account after a 24-hour period from the time of delivery.

This payment cycle ensures that transactions are processed accurately and securely, providing a smooth experience for both sellers and customers.

Payment Cycle for General Orders

– You are eligible to Withdraw for the order after 3 Days from the Time the order is Delivered. Gostreet ensures payment for your sales (minus the Gostreet fees) is deposited securely into your bank account every 3 Days, including your Cash on Delivery orders.

  • You can check your deposited balance along with tips to grow and expand your business in your Gostreet Seller account dashboard.

Gostreet is the best place to sell online. We are getting paid in every 24 Hour where in other platforms we have to wait 13 to 15 Days to get our payment.

calculate your profit:

Step 1:   Check the commission fees applicable on your Product.

Step 2:    Add the Weight Handeling fees applicable, or if you are using Self-Ship, check the cost of shipping

Step 3:    Add the Withdrawal Charges.

Step 4:    Calculate Total Fees = Commission Fees + Weight Handling Fees + Withdrawal Charges + Other fee (if applicable)

Step 5:    Product Sale price - cost of product - Total Fees = Your Profit

NOTE - TCS under Section 52*
ECOs are obligated to levy a 1% Tax Collected at Source (TCS) on the net value of taxable supplies provided by suppliers. For instance, on a Rs. 1000 sale, the ECO would collect Rs. 10 as tax. Suppliers can then claim credit this TCS amount in their electronic cash ledger upon review of the monthly statement submitted by the ECO.

Please note: the Commission & fees mentioned are indicative. The Exact final fee you will be subject could be different because it dependent on multiple factors such as product category, size, weight, volumetric weight, Pickup & Shipping location or additional services availed, etc. 
 
 
business, store, shop, gostreet, gostreet seller, sell online, ecommerce, ecommerce business, online business, business ideas,bihar,

Advertisement