TheRodinhoods

How do I Take Payments of Behalf of My Clients ???

Hi All

First a Small Background

I, Durgesh Khandelwal, Run a Startup Event Marketing Company Team ADit. An Event Marketing Company, in Pune.Off Late have  been running a Weekend Flea Market for Small Home Based Entrepreneur’s in Pune, since Aug Last Year, check out our FB Page here

I have been a Fellow Rodinhooder since the Days when the only Post here belonged to Sir Alok Kejriwal.
Have absorbed so much , that I am thrice as Wiser as I was a Year Back  ;-)…..just kidding
I went all the way from Pune to Mumbai coz Like many others I too felt offended by  Alok’s ‘ Middlemen ‘ Post on Facebook. (Old Rodinhodder’s would remember that…. dont have a link of that too) lots of things have evolved since then at the RODINHOODS.com and the The Rodinhood MIxer’s. ( I’ll have a seperate post on the year gone by with The Rodinhoods Later)

I have a small BIG problem which I wanted to Share and have more Wiser Men Solve this for me.

As I mentioned Earlier that I run a Flea Market in Pune. At My Flea Market I have Small home based Entrepreneurs set up stalls at the Flea Market. These Stalls range from Merchandise which includes Apparels, Jewellery ,Accessories , Watches,Tshirts, Pottery , etc etc etc. on various stalls that vary every weekend. 

To make  better sales and increase the conversion and to Add more value to my Flea Market I offer them a Credit Card Machine Facility which is connected to my Firms Current Account, I simple words
I take payments from their  Customers on behalf of my Stall Owners and at End of The Day make Payments to them thru Cheques.

Though I have started this a few Weeks Back, My CA has Advised me Strictly not to do that as I may get Into Tax Liabilities which may lead to trouble..

So Im Seeking a Solution to this Problem as How can I start taking Credit Card Payments on My account just like I see CC AVENUES or any other payment Gateways doing it online for N number of e commerce Website, where they charge a Transaction fee or Plan Fee depending upon the No of Transactions

Is there a Way I can give them this Facility without getting into Service Tax and other Tax Liabilities.

Seeking solution for the same

Regards
Durgesh Khandelwal

I could be reached on 9890880681
durgesh@teamADit.in