What Deductions Are Applied from Seller Payouts? #
From each eligible order, the following are deducted before payout:
a. Commission (Category-Based Rate) #
Commission is deducted at the applicable rate for the relevant product category and is calculated on the item value excluding GST.
The commission includes applicable payment processing costs incurred by LX INDIA for facilitating transactions.
b. GST on Commission
GST at the applicable rate (currently 18%, or such other rate as may be prescribed under applicable GST laws from time to time) shall apply on the commission amount as required under applicable tax laws. GST on any separate taxable services, including subscription plans or assisted listing services, shall be charged separately where applicable.
c. Tax Collected at Source (TCS) #
TCS shall be deducted by LX INDIA as required under applicable GST laws and deposited with the Government against the seller’s GSTIN. The applicable TCS rate and calculation method shall be as prescribed under the prevailing legal provisions. Currently, TCS is applicable at 0.5% (or such other rate as may be prescribed under applicable GST laws from time to time) and shall be calculated on the net taxable value of taxable supplies in accordance with the applicable GST laws.
d. Previously Notified Penalties or Adjustments (if applicable) #
Any penalties, charges, or adjustments shall only be applied where applicable under Seller Terms, Platform Policies, or operational guidelines communicated by LX INDIA.
