Flipkart is the first domestic e-commerce platform to be launched in India. As it is a popular platform, you can reach millions of buyers by becoming a seller on this e-commerce platform. Today, you will get to know how to register yourself as a seller on Flipkart, the documents required for the same and the cost involved.
In the event that you wish to pitch your products to the original e-commerce player in India, for the time being at least, you can pitch to well over five crore users. Your sales could account for a large percentage of the profits of your business if you sell the same types of things that consumers tend to purchase on their site. I would like to tell you more about how you can get on their platform, and what the price will be, so let’s figure out how to do that.
In order to register as a seller on Flipkart, you simply need to visit the Flipkart seller page and provide your email address and mobile number, along with a pin code and the category in which you want to sell. Your verification codes will be sent to your email address and mobile number and you will be required to input your business and bank information in order to complete the registration process.
In the next step, you will be asked to upload your PAN number, VAT number as well as the details of your bank account. In case you do not have these forms yet, you can fill them in later if you do not already have them. However, here is a list of the documents you need as well as how you can obtain them:
Upon the sale of certain goods and services, there is a value-added tax (VAT) that has to be paid to the government. Usually, the government will not require you to have one unless your turnover reaches a certain amount (Rs. 5 lakh in most cases), but e-commerce sites, such as Flipkart, will not let you be a seller unless you already have one. Whether you are a sole proprietor, a partner in a firm, or a director in a private limited company, you can apply for it. There may be a requirement for a security deposit in some states.
If you’re a proprietor, you will use your own PAN card and submit these details to Flipkart. But if you’re registering a private limited company or LLP, which is recommended, you will need a company PAN card.
To open a bank account for a business, you need a VAT registration (or any other government registration) or to be a registered entity. Some banks also ask for a Shops & Establishments Act license.
This is the bare minimum to register yourself or business on Flipkart’s platform. However, there are other legal requirements for e-commerce businesses, which Vakilsearch can help you with for the lowest fee in India.
What businesses can register with Flipkart?
An individual selling products that Flipkart is willing to offer on its website can enter into an agreement with Flipkart, provided they have all the documents with them. The registration of VAT and TIN as well as PAN card registration is mandatory for registration as a seller in Flipkart.
I do not have a VAT and TIN registration. Can I sell on Flipkart?
Flipkart demands that a business have a registered VAT and TIN number for it to become their partner. However, if you are planning to sell only books through Flipkart, you can sell without VAT and TIN. You will need only a PAN card to sell books on Flipkart.
Can I keep adding to my product list?
Yes, Flipkart encourages sellers to sell as much as they can on their portal..However, the products need to be unique and categorised properly. As a seller, you should have at least 10 unique products to register with Flipkart.
It is very likely that you will have a lot of questions related to becoming a seller on Flipkart and taking your business to the next level. If this is the case, you may want to consult an expert who has knowledge about the matter. It is important to remember that the legal experts are available to help you with all aspects of becoming a seller on this platform, including the legal aspects. Please contact our team for any help.
- Types of Consumer Cases That Go to Court
- Who Does the FIEO Represent?
- Defining of E-commerce Business: The Basics