Common use of COMMISSION AND SERVICE FEE Clause in Contracts

COMMISSION AND SERVICE FEE. 3.1. In consideration for permitting the Supplier to sell the Products on the Application/Web, the Company shall charge a Fee on every eligible Order placed on the Application/Web, at such rates prescribed in Part A of Annexure 4 (the “Fee”/“Commission”). The Fee (which is a percentage of the sales amount) may be revised from time to time and such revision shall be communicated in advance by the Company to the Supplier. It should be based on mutual agreement. 3.2. The Company shall also charge the Supplier for the Services provided by the Company, including any marketing expenditure and logistics charges incurred by the Company on behalf of the Supplier (the “Service Fee”), at such rates prescribed in Part B of Annexure 4. 3.3. The Company shall submit an invoice to the Supplier on a monthly basis for the Service Fee payable by the Supplier on or before the seventh (7th) of the following month. All payments shall be made by the Supplier in Indian National Rupees (INR) unless otherwise mutually agreed by the Parties in writing. The invoicing and payment of the Supplier Fee shall be as per the prescribed Supplier Guidelines in this regard. 3.4. The Company shall set off any losses, Service Fee or Commission payable by the Supplier against the amount/(s) payable to the Supplier. The Company’s right under this Clause 3.4 shall be in addition to, and not in derogation of, all other rights available to the Company under this Agreement or Applicable Law. 3.5. The Supplier shall be responsible for any applicable value added tax, goods and service tax (GST), service tax, sales tax, real or personal property tax, income or any other taxes, cess, levy whatsoever including taxes relating to the Products, attributable to or incurred by the Supplier. 3.6. The Company shall withhold taxes/payments, if required under Applicable Law to be withheld on payments made to the Supplier hereunder and shall be required to remit to the Supplier only the net proceeds thereof. The Company shall remit the taxes withheld to the appropriate Governmental Authority and agrees to provide the Supplier, in a timely manner, with properly executed documentation or other information or receipts or certificates evidencing the Company’s payment of any such tax. 3.7. Supplier may deposit & submit Form 16A to the Company towards deduction of tax at source against invoices issued by the Company towards Service Fee charged to the Supplier. Company shall reimburse equivalent TDS amount, on receipt of valid Form 16A.

COMMISSION AND SERVICE FEE. 3.1. In consideration for permitting the Supplier to sell the Products on the Application/Web, the Company shall charge a Fee on every eligible Order placed on the Application/Web, at such rates prescribed in Part A of Annexure 4 (the “Fee”/“Commission”). The Fee (which is a percentage of the sales amount) may be revised from time to time and such revision shall be communicated in advance by the Company to the Supplier. It should be based on mutual agreement. 3.2. The Company shall also charge the Supplier for the Services provided by the Company, including any marketing expenditure and logistics charges incurred by the Company on behalf of the Supplier (the “Service Fee”), at such rates prescribed in Part B of Annexure 4. 3.3. The Company shall submit an invoice to the Supplier on a monthly basis for the Service Fee payable by the Supplier on or before the seventh (7th) of the following month. All payments shall be made by the Supplier in Indian National Rupees (INR) unless otherwise mutually agreed by the Parties in writing. The invoicing and payment of the Supplier Fee shall be as per the prescribed Supplier Guidelines in this regard. 3.4. The Company shall set off any losses, Service Fee or Commission payable by the Supplier against the amount/(s) payable to the Supplier. The Company’s right under this Clause 3.4 shall be in addition to, and not in derogation of, all other rights available to the Company under this Agreement or Applicable Law. 3.5. The Supplier shall be responsible for any applicable value added tax, goods and service tax (GST), service tax, sales tax, real or personal property tax, income or any other taxes, cess, levy whatsoever including taxes relating to the Products, attributable to or incurred by the Supplier. 3.6. The Company shall withhold taxes/payments, if required under Applicable Law to be withheld on payments made to the Supplier hereunder and shall be required to remit to the Supplier only the net proceeds thereof. The Company shall remit the taxes withheld to the appropriate Governmental Authority and agrees to provide the Supplier, in a timely manner, with properly executed documentation or other information or receipts or certificates evidencing the Company’s payment of any such tax. 3.7. Supplier may deposit & submit Form 16A to the Company towards deduction of tax at source against invoices issued by the Company towards Service Fee charged to the Supplier. Company shall reimburse equivalent TDS amount, on receipt of valid Form 16A.

COMMISSION AND SERVICE FEE. 3.1. In consideration for permitting the Supplier Vendor to sell the Products on the Application/Web, the Company Comp- any shall charge a Fee on every eligible Order placed on the Application/Web, at such rates prescribed pres- cribed in Part A of Annexure 4 3 (the “Fee”/“CommissionFee”). The Fee (which is a percentage of the sales amount) may be revised from time to time and such revision which shall be communicated in advance by the Company Com- pany to the SupplierVendor. It should The Commission will be based charged on mutual agreementthe product price excluding any goods and service tax. 3.2. The Company shall also charge the Supplier Vendor for the Services provided by the Company, including includ- ing any marketing expenditure and logistics charges incurred by the Company on behalf of the Supplier Vendor (the “Service Fee”), at such rates prescribed in Part B of Annexure 403. 3.3. The Company shall submit an invoice to the Supplier Vendor on a monthly basis for the Service Fee payable by the Supplier Vendor on or before the seventh (7th) of the following month. All payments shall be made by the Supplier Vendor in Indian National Rupees (INR) unless otherwise mutually agreed by the Parties in writingParties. The invoicing and payment of the Supplier Vendor Fee shall be as per the prescribed Supplier Vendor Guidelines in this regard. 3.4. The Company shall set off any losses, Service Fee or Commission payable by the Supplier Vendor against the amount/(s) payable to the SupplierVendor. The Company’s right under this Clause 3.4 shall be in addition add- ition to, and not in derogation of, all other rights available to the Company under this Agreement or Applicable Law. 3.5. The Supplier Vendor shall be responsible for any applicable value added tax, goods and service tax (GSTtax(GST), service tax, sales tax, real or personal property tax, franchise or income or any other taxes, cess, levy whatsoever including taxes relating to the Products, attributable to or incurred by the SupplierVendor. 3.6. The Company shall withhold taxes/payments, if required under Applicable Law to be withheld on payments made to the Supplier Vendor hereunder and shall be required to remit to the Supplier tothe Vendor only the net proceeds thereof. The Company shall remit the taxes withheld to the appropriate Governmental Authority and agrees to provide the SupplierVendor, in a timely manner, with properly executed documentation or other information or receipts or certificates evidencing the CompanyCom pany’s payment of any such tax. 3.7. Supplier Vendor may deposit & submit Form 16A to the Company towards deduction of tax at source against invoices issued by the Company towards Service Fee charged to the SupplierVendor. Company shall reimburse equivalent TDS amount, on receipt of valid Form 16A.