1.
Please furnish you Bank account details for NEFT (National Electronic Fund Transfer). This will help you to get your earned commission in your bank account immediately.
2.
All the Purchasing Associates are requested to send the cost of the product along with a signed in DECLARATION by Purchasing Associate on the Invoice Form. No sale will be entertained without the receipt of their duly signed in DECLARATION on the INVOICE Form. In case they miss out the printing of the invoice at the time of registration they have an option to reprint this invoice any time by logging on to their Associate area. All Associates are requested to provide their correct address, PAN number and other details during registration.
3.
Paid Associate are the Associates who Purchase Advance eBIZ Educational Package / eBIZ Holiday Accommodation Package for a total of Rs.9556 (Inclusive of all taxes) and Paid Student are students who Purchase eBIZ Educational Package for Rs.3933 (Inclusive of all taxes).
4.
Paid Associate may Pay Annual Maintenance Charges Rs.3933 , or US $100 (Inclusive of all Taxes for Second Year onwards), to get continued Learning and Participation in our Business / Mission every year (from the next year onwards from the date of Product Purchase).
5.
Any Purchasing Associate can cancel his / her Purchase Product/Services within 30 days (inclusive the payment receiving day) from the date of payment received by the company, by posting cancellation request at support.ebizel.com or fill up the Product Cancellation Form available at the logged in area of the Associate.
6.
All Associates are requested to fill in the Bank Demand Draft Details / Online Payment Details (Net Banking / Debit Card or Credit Card ) on the web site properly while purchasing Advance eBIZ Educational Package / eBIZ Holiday Accommodation Package or renewing their purchased product. The renewed Product / Service Can also be cancelled within 30 days (inclusive receiving day) from the payment of purchased product and duly signed in invoice received by the company.
7.
All Associates are requested to keep their PASSWORD confidential and always change it to maintain the confidentiality. eBIZ will not be responsible if any problems occurred due to loss or hacking of your PASSWORD. Please note that all correspondence related to Loss / Hack of your PASSWORD should have your Name, Distributor Id and Tracking Id. We may be contacted at support.ebizel.com for any problem.
8.
It has brought to our attention that some of the Associates are accepting cash (towards part or full payment) for the sale of Advance eBIZ Educational Package / eBIZ Holiday Accommodation Package from the new Associates and not sending it to the Company. This is very serious matter as nobody can accept cash payment (part or full) on behalf of the company in any circumstances. All the new buying Associates should be advised to send the money only after satisfaction through the Bank Demand Draft on the name of eBIZ.com Pvt. Ltd. and payable at New Delhi. Any Associate found / reported to accept cash payment (part or full) towards the Purchase of the Product would be immediately suspended / terminated from the incentive plan, however, would continue to enjoy online learning through product purchased by him / her for the entire Purchased Period. Company will not be responsible for any Loss of money, of any Purchasing Associate, if he / she has given any cash money to his / her Selling Associate.
9.
All the Associates presenting eBIZ Products or Business / Mission to others are strictly advised to follow the followings:
(i) Do not give any information which is currently not present on our website (www.ebizel.com) or is not in the scope of our Business. So all the Associates are requested to go through our website (www.ebizel.com) properly before representing to others. Our website (www.ebizel.com) must be visited periodically for most updated changes for sharing with others.
(ii) Do not project or share your Daily / Twice Weekly / Weekly / Monthly or total Future / Current income with eBIZ. As generating income with eBIZ is really hard and only People who are committed to work hard and learn by attending several training Programs organized by the company and develop required Selling Skills, can only make money and successful people sharing their income might not be relevant to others. However, The importance of learning, tranning and hard work can be discussed.
(i) Do not give any information which is currently not present on our website (www.ebizel.com) or is not in the scope of our Business. So all the Associates are requested to go through our website (www.ebizel.com) properly before representing to others. Our website (www.ebizel.com) must be visited periodically for most updated changes for sharing with others.
(ii) Do not project or share your Daily / Twice Weekly / Weekly / Monthly or total Future / Current income with eBIZ. As generating income with eBIZ is really hard and only People who are committed to work hard and learn by attending several training Programs organized by the company and develop required Selling Skills, can only make money and successful people sharing their income might not be relevant to others. However, The importance of learning, tranning and hard work can be discussed.
10.
eBIZ.com Pvt. Ltd. may calculate the commission under Group Compensation Plan Every Day / Twice a Week / Week / Fortnight / Month. Commission is Paid only to active and deserving Associates (who fulfill tough conditions as displayed and make Sales as per defined Business model). Commission would only be released for the sales which got matured atleast 30 days prior to the commission day. For details visit Business section at www.ebizel.com.
12.
As per the ruling of Government of India no commission cheques will be issued unless the PAN (Permanent Account Number) of the respective Associate is communicated to us. Click for PAN Application Form.
13.
Any person, not being an individual or a Hindu Undivided Family, who is responsible for paying, on or after the 1st day of June, 2001, to a resident, any income by way of commission or brokerage, shall, at the time of credit of such income to the account of the payee or at the time of payment of such income in cash or by the issue of a cheque or draft or by any other mode, whichever is earlier, deduct income-tax thereon. (Section 194H of the Income Tax Act, 1961).
14.
Every Associate liable for paying the service tax shall make an application to the concerned Superintendent of Central Excise in form ST-1 for registration within a period of thirty days from the date on which the service tax under section 66 of the Finance Act, 1994(32 of 1994) is levied.
Every Associate providing taxable service shall, not later than 14 days from the date of completion of such taxable service or receipt of any payment towards the value of such taxable service, whichever is earlier, issue an invoice or a bill signed by such Associate in respect of such taxable service provided and such invoice or bill shall be serially numbered and shall contain the following, namely:-
(i) the name , address and the service tax registration number of such Associate;
(ii) the name and address of the person receiving such taxable service;
(iii) description, classification and value of taxable service provided or to be provided; and
(iv) the service tax payable thereon.
The service tax on the value of taxable services received during any calendar month shall be paid to the credit of the Central Government by the 5th of the month immediately following the calendar month in which payments are received, towards value of taxable services. The Associate shall deposit the service tax liable to be paid by him with the bank designated by the Central Board of Excise & Customs for this purpose in Form TR-6. Commission on Sales will be registered under the Head Business Auxiliary Services under following head:
Every Associate providing taxable service shall, not later than 14 days from the date of completion of such taxable service or receipt of any payment towards the value of such taxable service, whichever is earlier, issue an invoice or a bill signed by such Associate in respect of such taxable service provided and such invoice or bill shall be serially numbered and shall contain the following, namely:-
(i) the name , address and the service tax registration number of such Associate;
(ii) the name and address of the person receiving such taxable service;
(iii) description, classification and value of taxable service provided or to be provided; and
(iv) the service tax payable thereon.
The service tax on the value of taxable services received during any calendar month shall be paid to the credit of the Central Government by the 5th of the month immediately following the calendar month in which payments are received, towards value of taxable services. The Associate shall deposit the service tax liable to be paid by him with the bank designated by the Central Board of Excise & Customs for this purpose in Form TR-6. Commission on Sales will be registered under the Head Business Auxiliary Services under following head:
SERVICE CATEGORY CODE
SERVICE NAME
Service Tax (%)
Account Head (Tax Receipts)
Account Head (Others Receipts)
BAS
BUSINESS AUXILIARY SERVICES
12.36
00440225
00440226
For more details http://www.cbec.gov.in
The deduction of tax at source under section 195 would arise if the payment of commission to the non-resident agent is chargeable to tax in India. It had been clarified then that where the non-resident agent operates outside the country, no part of his income arises in India. Further, since the payment is usually remitted directly abroad it cannot be held to have been received by or on behalf of the agent in India. Such payments were therefore held to be not taxable in India. No tax is therefore deductible under section 195. (Circular No: No. 786, dated 7-2-2000).
16.
Income of a member of scheduled tribe, living in Nagaland, Manipur, Tripura, Arunachal Pradesh, Mizoram or in the areas covered by notification issued by the Governor of Assam or in the Ladakh region of the State of Jammu and Kashmir, any income which accrues or arise from any source by reason of his employment there in and income by way of dividend and interest on securities - Exempt from Income tax under Section10 (26) of the Income Tax Act, 1961.