Financial Flow & Fee Breakdown

Freecomers Festival Payment Split Model

Interactive Fee Parameters

Real-time 2-Way Sync
Input 1

This is the base submission fee configured for the festival.

Input 2

Edit this to reverse-calculate the required base fee.

Quick Presets:
%
%
%
%
Filmmaker Total Charged

₹1,070.80

Base + 6% Comm. + 18% GST
Freecomers Primary Account

₹60.00

+ ₹10.80 GST to Govt
Total Gateway Deductions

~₹25.28

2% fee (~₹21.42) + 18% GST (~₹3.86)
Net Settled to Festival

~₹974.72

Direct Bank Settlement
Transaction Flow Pipeline
Payer
Filmmaker
₹1,070.80
Checkout
Razorpay
Deducts ~₹25.28
Freecomers Account ₹70.80 (Comm + GST)
Festival Bank ~₹974.72 Net

Complete Financial Flow & Fee Breakdown Model

Example Transaction Breakdown (₹1,000.00 Submission Fee)

Item Calculation / Formula Amount (INR) Destination / Payer
Gross Festival Submission Fee Base fee set by festival ₹1,000.00 Paid by Filmmaker
Freecomers Commission (6%) 6% × ₹1,000.00 ₹60.00 Goes to Freecomers Primary Account
GST on Freecomers Commission (18%) 18% × ₹60.00 ₹10.80 Goes to Freecomers (Govt Tax)
Total Charged to Submitter ₹1,000.00 + ₹60.00 + ₹10.80 ₹1,070.80 Paid at Razorpay Checkout
Razorpay Gateway Fee ∼2% gateway fee ∼₹21.42 Deducted by Razorpay
GST on Razorpay Fee 18% GST on Razorpay fee ∼₹3.86 Deducted by Razorpay (Tax)
Net Settled to Festival Account ₹1,000.00 - Razorpay Gateway Fee ∼₹974.72 Directly transferred to Festival Bank
Razorpay Gateway Deduction: 2% of Total Checkout (₹1,070.80) = ₹21.42 + 18% GST (₹3.86) = Total ₹25.28 deducted from Base Fee.
Festival Net Balance: Base Fee (₹1,000.00) − Total Gateway (₹25.28) = 974.72 transferred to Festival Bank.
Copied to clipboard!