Why is there a difference in the settlement amount and the product price?
The settlement amount could vary due to the following factors. They are:
- Buyer application finding fee, charged by the buyer application. This can either be borne by the customer or the seller based on the preference you set.
- 1% seller application fee will be charged from Vikra Seller.
- TCS and TDS will be deducted based on the E-commerce Regulations.
After all the applicable deductions are made, the settlement will be processed.