Sellers FAQ and Terms & Conditions to sell on Peppymode.com
The attached documents are the details available for the sellers to register and sell their products on Peppymode.com. It clearly mentioned the required documents and criteria for the sellers to sell online women wear & kids wear on Peppymode.com
UNIVERSAL HUMAN VALUES - INTRODUCTION TO VALUE EDUCATION
Vendor annexure agreement 1
1. Annexure 1
Vendor Annexure Agreement
This Annexure forms part of the Vendor Agreement (“Vendor Agreement”) entered into between
Reignonline Internet Private Limited, a company incorporated under the Companies Act, 2013 having its
registered office at 1st FLOOR, A-4, No. 61/1806, PADMAKSHI BUILDING, MG ROAD, KOCHI, Ernakulam,
Kerala, 682015 ("Company") and you, the Vendor ("Vendor"). The Vendor Annexure Agreement
constitutes part of the binding Vendor Agreement executed between the Company and the Vendor by
clicking on the Terms & Conditions.
Pricing, Fees, Commission
Sellers have the right to price their products, but you must account for commission and fees. There will
be commission on all categories at the rate of 15%. All payments collected by the Company are remitted
by NEFT to the seller’s bank account on 7th
day from the date of delivery.
Instance of settlement
Price of the product 1000/-
Less Commission Fee (15%) 150/-
Less GST on Commission 27/-
Total amount retained by the Company 177/-
Total payment to the Vendor 823/-
The above charges can be revised at the discretion of the Company at any time by giving 1 month notice
to the Vendor. Otherwise it is eligible for revision on yearly basis.
Seller Protection and Returns
If buyer returns products in a damaged condition the seller can raise a claim and be eligible for
reimbursement of cost of product at Company’s discretion. Sellers are protected against buyer frauds
and must raise a claim and supply adequate proof. The seller will get 3 return credits in every month and
it will not carry forward every month. With this 3 return credit, the shipment & return cost – two way-
will be paid from the side of the Company. Any other returns more than 3 would be charged from the
Vendor.