AMAZON RENEWED PROGRAM
There are many requirements to be a Renewed Seller on Amazon India. On Renewed Panel, among many, there is a particular criterion that the Seller needs to fulfill. We want to know and understand about this particular criteria in detail.
Quote Un-Quote:
" - If you are a Distributor/Reseller - Share invoices showing a minimum value of 8 lacks (single or multiple invoices) of purchases in the previous 90 days from the date of the application with the product name clearly mentioned. You may black out the unit purchase amount on the invoices."
So what type of invoice one must possess to qualify to sell on Amazon Renewed Program??
Since Refurbished/Renewed/Box-open all products are considered Second-hand or used products, on Retail and other Offline Marketplaces, they are sold without any proper GST invoice under GST Margin Scheme 32(5) where the Buyer or the Purchaser is not charged with GST in the invoice amount.
When a renewed product is sold on Amazon it charges 18% GST to the Customer(included in the total amount payable).
My question is "What type of invoice does the Seller need to submit on Amazon Renewed Portal to Qualify for selling on Amazon Renewed?"
We have tried sending an email to the Renewed Team but unfortunately, there was no reply from their end.
AMAZON RENEWED PROGRAM
There are many requirements to be a Renewed Seller on Amazon India. On Renewed Panel, among many, there is a particular criterion that the Seller needs to fulfill. We want to know and understand about this particular criteria in detail.
Quote Un-Quote:
" - If you are a Distributor/Reseller - Share invoices showing a minimum value of 8 lacks (single or multiple invoices) of purchases in the previous 90 days from the date of the application with the product name clearly mentioned. You may black out the unit purchase amount on the invoices."
So what type of invoice one must possess to qualify to sell on Amazon Renewed Program??
Since Refurbished/Renewed/Box-open all products are considered Second-hand or used products, on Retail and other Offline Marketplaces, they are sold without any proper GST invoice under GST Margin Scheme 32(5) where the Buyer or the Purchaser is not charged with GST in the invoice amount.
When a renewed product is sold on Amazon it charges 18% GST to the Customer(included in the total amount payable).
My question is "What type of invoice does the Seller need to submit on Amazon Renewed Portal to Qualify for selling on Amazon Renewed?"
We have tried sending an email to the Renewed Team but unfortunately, there was no reply from their end.