Glossary

Become an ecommerce shipping and checkout expert with our comprehensive library of must know terms

A GSTIN, which stands for Goods and Services Tax Identification Number, is a unique identification number consisting of 15 digits that is assigned to every taxpayer, including dealers, suppliers, and other business entities, that is registered under the GST regime.

Related Glossaries

Volumetric divisor

This is a fixed number defined by courier partners and is used as the dividing factor while calculating volumetric or dimensional weight. The divisor can change from courier partner ot courier parntner or depending on the mode of transposrtation used - Air, Surface or Cargo movement

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HSN Code

The term "HSN code" refers to the "Harmonized System of Nomenclature", which is a globally recognized system for classifying goods in a systematic manner. This system makes use of a 6-digit uniform code to categorize over 5000 different products, and is widely accepted and used across the world. India has added 2 more digits to the code to make the codes more precise resulting in 8 digit classification.

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API

API meaning Application Programming Interface consists of several open endpoints that allow two software components to communicate based on a defined request and response system. eCommerce Shipping APIs are a great example that explains how data can be pushed across channels easily without having to fetch information manually. Swift API integration allows direct integration with all the major sales channels and courier partners like Shopify, Amazon, Delhivery, Bluedart, etc.

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Export Duty

It refers to the tax or charges imposed by the government on goods that are exported to other countries. In India, it is a kind of indirect tax. The kind, value, country, and other factors are used to compute the duties of a product.

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