Frequently Asked

Questions

In trade, barter or Reciprocal Trade is a system of exchange in which participants in a transaction exchange goods/services, for other goods/services without using a medium of exchange, such as money.

You can contact us at +91 9205941999 or email us at response@oneuptrade.com, and a customer support executive will guide you through the joining process.

Through its unique concept of Reciprocal Trade, OneUpTrade offers multiple benefits to Businesses, read all here.

Yes, your business can pay for your personal expenses – so you can make these purchases from OneUpTrade and save cash.

The typical transaction flow is as given below:

  • The value of the goods/services sold by you, is credited to your A/c.
  • You can then use the credit in your A/c to make purchases from OneUpTrade.

View more details here.

Yes, a tax invoice is required for all B2B transactions, even if it is a barter transaction.

Any Business/Entity that can provide its goods/services to OneUpTrade and in exchange purchase goods/services from OneUpTrade – can transact with OneUpTrade.

There are many ways in which you can use OneUpTrade to optimize your business – read all here.

“OneUpTrade deals in all generic of goods/services except the following:

Liquor, Tobacco, Pharmaceuticals, licensed products, any banned/prohibited/restricted/illegal items, etc… “

No, you can do any amount of trading. However, the volume could depend on the requirement of your goods/services by other Clients of OneUpTrade, and also on your overall requirement of goods/services from OneUpTrade.

There is no additional paperwork for ‘Reciprocal Trade’ or ‘Barter’ Transactions. You are required to follow the same process and due deligence as required in any other cash transaction.

“The Tax treatment for ‘Barter’ or ‘Reciprocal Trade’ transactions is the same as other cash transactions.

In trade, barter or Reciprocal Trade is a system of exchange in which participants in a transaction exchange goods/services, for other goods/services without using a medium of exchange, such as money.

Any Business/Entity that can provide its goods/services to OneUpTrade and in exchange purchase goods/services from OneUpTrade – can transact with OneUpTrade.

You can contact us at +91 9205941999 or email us at response@oneuptrade.com, and a customer support executive will guide you through the joining process.

There are many ways in which you can use OneUpTrade to optimize your business – read all here.

Through its unique concept of Reciprocal Trade, OneUpTrade offers multiple benefits to Businesses, read all here.

“OneUpTrade deals in all generic of goods/services except the following:

Liquor, Tobacco, Pharmaceuticals, licensed products, any banned/prohibited/restricted/illegal items, etc… “

Yes, your business can pay for your personal expenses – so you can make these purchases from OneUpTrade and save cash.

No, you can do any amount of trading. However, the volume could depend on the requirement of your goods/services by other Clients of OneUpTrade, and also on your overall requirement of goods/services from OneUpTrade.

The typical transaction flow is as given below:

  • The value of the goods/services sold by you, is credited to your A/c.
  • You can then use the credit in your A/c to make purchases from OneUpTrade.

View more details here.

There is no additional paperwork for ‘Reciprocal Trade’ or ‘Barter’ Transactions. You are required to follow the same process and due deligence as required in any other cash transaction.

Yes, a tax invoice is required for all B2B transactions, even if it is a barter transaction.

“The Tax treatment for ‘Barter’ or ‘Reciprocal Trade’ transactions is the same as other cash transactions.