documents required for signup

10
Documents required for signup In this module we will discuss: 1. What are the Sign up requirements? 2. What are the cases of rejections?

Upload: paytm

Post on 12-Jan-2017

262 views

Category:

Business


0 download

TRANSCRIPT

Page 1: Documents required for signup

Documents required for signup

In this module we will discuss:

1. What are the Sign up requirements?

2. What are the cases of rejections?

Page 2: Documents required for signup

1 Signup requirements

What are the documents you needed for signup process?Four documents which are mandatory for signup process for you as a seller-

Document needed

for signup

VAT/TIN certificate

Address proof

PAN card

Cancelled cheque

A List of required documents

Page 3: Documents required for signup

Signup requirements

What are the documents you needed for signup process?

Cancelled cheque

Description

• Scanned copy of blank cancelled cheque on company name will only be taken to verify bank details

• In case of sole proprietor the cancelled cheque with company stamp can be considered

• In case of absence of cancelled cheque, the declaration letter from bank with bank details mentioned on bank letter head with signature and stamp of authorized signatory can be considered

• Bank statement will not be considered for as valid document

• No hand writing, over writing or correction on cheque should be there

1 B Cancelled cheque

Page 4: Documents required for signup

1 Signup requirements

What are the documents you needed for signup process?

PAN card

• PAN card stands for Permanent Account Number, it’s mandatory for financial transactions

• PAN card should be on company name. However in case of sole proprietor it can be on seller name

• Scanned copy of PAN card is mandatory for verification

• Photocopy/online snapshot of PAN card will not be considered

Description

C PAN card

Page 5: Documents required for signup

1 Signup requirements

What are the documents you needed for signup process?

Company address proof

• Address proof is a document which is required to verify your company address details

• Scanned copy of VAT/TIN, CST, Electricity/Telephone bill, rent invoice, lease agreement, Aadhaar card, driving

license, bank passbook on company name will only be considered

• In case of sole proprietor, the company address proof can be on seller name

• Electricity bill/Telephone bill/invoice should not be more than 3 months old

• Provisional certificate of VAT/TIN for address verification will not be considered

Description

D Company address proof

Page 6: Documents required for signup

1 Signup requirements

What are the documents you needed for signup process?

Warehouse address proof

• Warehouse address proof is a document which is required to verify your warehouse address details

• In case warehouse is in different state, VAT/TIN & CST document of the new warehouse state should be provided

• However in case of exempted categories, seller can provide Electricity/Telephone bill, rent invoice, lease agreement

• Electricity bill/Telephone bill/rent invoice should not be more than 3 months old

• Provisional certificate of VAT/TIN for address verification will not be considered

Description

E Warehouse address proof

Page 7: Documents required for signup

1 Signup requirements

What are the documents you needed for signup process?

• VAT stands for Value Added Tax needed from every seller for registration to sell his products online

• For categories such as Unstitched apparels, Sarees, Handicrafts, Books VAT/TIN certificate is not required

• Upto 30 days old provisional certificate for VAT/TIN proof can be considered

• Scanned copy of The VAT/TIN certificate will be considered.• Online snapshot of VAT/TIN will not be considered

Description

VAT/TIN number

Note – You can also acquire VAT/TIN from Paytm here

F VAT/TIN number

Page 8: Documents required for signup

1 Signup requirements

Description

• Service tax certificate is mandatory for all digital categories except utilities, payments, education, trust societies and deals

• VAT certificate is required if you are dealing in Retail services

• Service tax certificate should be on company name

• In case of entertainment category, entertainment challan is acceptable

• Edocument/certificate scanned copy will be considered

• For Jammu and Kashmir state Service provider sellers, from the affiliation of Government of India service tax document is not required, you can sell your services online on Paytm

In place of VAT/TIN certificate, Service tax certificate is mandatory for signup process if you are a Digital seller

Service tax certificate

What are the documents you needed for signup process?

G Service tax certificate

Page 9: Documents required for signup

Cases of rejection

2 Cases of rejections

What are the cases of rejection once your documents are uploaded?

Saving account cancelled cheque didn't have company stamp

Missed to provide the attachments in JPEG format

Shared the blurred images of the documents in attachments

Unregistered VAT/TIN number details has been shared

Note – You have to submit all four documents for registration and verification for signup process

Page 10: Documents required for signup

Thank you!For any query please raise a ticket on support