Seller Payment Policy

Seller Payment Policy

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Seller Payment Policy

Welcome to Unfade Creations, where we value and support our community of sellers. This Seller Payment Policy outlines the terms and conditions related to payment processes, disbursements, and seller responsibilities. By engaging with Unfade Creations, sellers agree to adhere to the policies outlined herein.

Payment Processing:

  1. Unfade Creations has partnered with Razorpay as the payment aggregator and Payment System Operator authorized by the Reserve Bank of India.
  2. All transactions on Unfade Creations between sellers and buyers located in India will be processed through Razorpay's Payment Facility.

Payment Disbursement:

  1. Upon completion of a transaction, the total order amount will be reflected in the seller's Razorpay Linked Account.
  2. Razorpay, in accordance with its terms and conditions, will deduct applicable charges and transfer the net amount (Transaction Amount) to the seller's bank account.

GST Applicability and Seller Responsibility:

  1. Sellers are responsible for ensuring full compliance with Integrated Goods and Services Tax (IGST), Central Goods and Services Tax (CGST), and Union Territory Goods and Services Tax (UTGST) or State Goods and Services Tax (SGST) for the goods/services they supply.
  2. Sellers must charge appropriate goods and services taxes, and remit IGST, CGST, and/UTGST or SGST to the relevant government.

Unfade's Role and Limited Involvement:

  1. Unfade Creations, through Razorpay, facilitates the Payment Facility for sellers and buyers.
  2. Unfade Creations does not handle funds directly and is not involved in payment or settlement activities requiring authorization from the Reserve Bank of India.

Refunds and Chargebacks:

  1. In the event of a refund request from the buyer, Unfade Creations may initiate a partial or full refund through Razorpay.
  2. In the case of a chargeback, Sellers are required to provide the requested information promptly.

Dispute Resolution:

  1. Sellers agree to resolve disputes directly with buyers or through the dispute management and refund tools provided by Unfade Creations.
  2. In escalated disputes, Unfade Creations reserves the right to issue a refund to the buyer and recoup funds from the seller, if necessary.

Governing Law: These seller policies are governed by the laws of India. Any disputes arising under or in connection with these policies shall be subject to the exclusive jurisdiction of the courts in India.

Changes to Policies: Unfade Creations reserves the right to modify, update, or change any part of this Seller Payment Policy. Sellers will be informed of any policy changes through the communication channels specified in the policy.

Contact Information: For any inquiries, comments, or questions related to this Seller Payment Policy, sellers can reach out to Unfade Creations at info@unfade.in.

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