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Seller Finance

Seller Commission, Payouts, GST, and Settlement on Nipher

Seller earnings depend on product price, commission terms, deductions, refunds, returns, and applicable taxes. This page explains the public guidance sellers should review before listing products.

Commission basics

Nipher uses seller commission rules described in the seller agreement and platform settings. Sellers should review the latest official terms before pricing products.

  • Commission can affect the final amount payable to the seller.
  • Where GST applies to Nipher platform commission, GST is calculated only on the commission amount, not on the seller payout balance.
  • Commission and GST on commission may be deducted from eligible seller settlement, and a commission invoice is made available after payout approval where applicable.
  • Completed, cancelled, returned, and refunded orders can have different payout treatment.
  • Promotional discounts or platform offers should be checked separately from seller commission.

Payout setup

After application submission and DigiLocker identity verification, sellers add a bank account in Seller Settings. Electronic bank verification checks the account and matches the holder name automatically; no separate admin bank decision is required. Delivered orders become payout-eligible after the 7-day return window, and approved payout requests are usually credited in 2 to 5 working days excluding bank or public holidays.

  • Bank account holder name and IFSC should match the seller's payout records.
  • The minimum payout request amount is INR 100.
  • Incorrect payout details can delay settlement.
  • Sellers should keep business, tax, and payout records aligned.

GST and records

Nipher can provide marketplace records where available, but sellers remain responsible for their own tax, invoice, GST, PAN, and accounting compliance.

  • Check whether product prices are GST-inclusive or GST-exclusive for your accounting.
  • Maintain invoices and order records for completed sales.
  • Ask a CA or tax advisor before relying on any public guide as tax advice.

Common Questions

Short answers about the referral code, invite link, Google signup, and commission bonus.

Does Nipher decide my product tax treatment?

No. Nipher can show marketplace and order records, but sellers are responsible for their own tax treatment and should consult a CA for GST and accounting decisions.

When are payouts released?

Delivered orders become payout-eligible after the 7-day return window. COD orders are eligible only after cash is collected. After the seller requests payout and admin approves it, manual bank transfer is usually credited to the verified bank account in 2 to 5 working days.

Can returned orders reduce seller payout?

Yes. Returns, refunds, cancellations, failed deliveries, and RTO cases can affect settlement according to the applicable seller agreement and platform policy.