How to Calculate Myntra Net Payout per Order

What Myntra net payout per order actually means

Net payout per order is the amount Myntra actually settles to your bank for one order, after deducting everything it is entitled to charge under your agreement. It is not the selling price and not the MRP. Between the customer's payment and your bank credit sit commission, fees, taxes collected at source, return adjustments and any penalties or manual entries.

Calculating it yourself matters because settlements are paid in batches covering many orders. A batch total can look reasonable while individual orders are overcharged, short paid or missing. An order-level number is the only way to find the exact line that is wrong.

The net payout formula

In its simplest form:

Net payout = sale value − commission − applicable fees − GST on fees − tax deducted at source − return and other adjustments ± manual credits or debits

Each component needs a source you can point to:

• Sale value: the amount on which Myntra computes charges. Check how your agreement treats discounts and promotions, whether funded by you or by Myntra.
• Commission: as per the rate card for your category, price band and agreed terms. Never assume a rate; read it from the document.
• Fees: fixed, shipping, collection or any other fee types your agreement lists.
• GST on fees: tax charged on Myntra's service fees. Confirm the applicable rate with your tax adviser and the invoice.
• TCS or TDS: tax deducted at source as shown in Myntra's statements. Rates and applicability change, so confirm the latest rules with your tax adviser.
• Returns and adjustments: sale reversals, return-related charges, claims, penalties and credits.

Where to find each figure

You need three sets of documents. Column names and report layouts can change, so map them once and confirm the meaning of each column with your Myntra account manager instead of guessing.

• Seller agreement and rate card: commission basis, fee types, return-related charges, settlement timelines and dispute windows.
• Order or sales report: order ID, SKU, selling price, order status and dates.
• Settlement report: settled amount, each deduction line, settlement date and reference.
• Tax statements: TCS or TDS details, which you will also need for your returns and credit claims.

Step-by-step: calculate payout for one order

1. Pick an order ID and confirm its status (delivered, returned, exchanged or cancelled) and the relevant dates.
2. Note the sale value on which charges were computed, as shown in the settlement report.
3. Work out commission from your rate card for that category and price band. Compare it with the commission Myntra charged.
4. Add each fee that applies under your agreement for that order.
5. Calculate GST on the fees using the rate on Myntra's invoice, and confirm it with your tax adviser if unsure.
6. Subtract the tax deducted at source as shown in the statement.
7. Apply any return or adjustment lines linked to the same order ID. These may appear in a later settlement cycle.
8. Compare your result with the settled amount and record the difference, even if it is small.

Why your number may not match the settlement

A gap is a question to investigate, not automatically an error by Myntra. Common causes:

• Timing: a return or adjustment lands in a later cycle than the sale.
• Different sale value base: promotions or discounts treated differently from what you assumed.
• Rate card changes: a revision applied mid-period. Check effective dates.
• Wrong category or price band: the charge was computed on a different slab than your agreement states.
• Rounding and tax treatment: small differences that repeat across many orders add up.
• Missing or duplicate lines: an order sold but never settled, or settled twice.
• Manual debits or credits: entries not tied to any order ID.

If a difference looks wrong, raise it with evidence (order ID, agreement clause, report extract). Check the deadline for disputes in your agreement, because late claims may be rejected.

Making it repeatable every settlement cycle

For low volumes, a spreadsheet works: one row per order ID, one column per component, then expected payout, settled payout and variance. Pull rates from a rate-card sheet using lookups, so you do not retype them.

It becomes hard when volumes grow, returns arrive in later cycles and rate cards differ by category. MarketplaceMetrics by Fundle reconciles marketplace sales and settlements, checks commissions and fees against agreed terms, and tracks returns and recovery cases. Myntra Excel reports are reviewed, and other marketplaces are in scope discussion. Pricing is a tailored quote.