{"id":24778,"date":"2025-11-13T15:49:09","date_gmt":"2025-11-13T10:19:09","guid":{"rendered":"https:\/\/blog.razorpay.in\/blog\/?p=24778"},"modified":"2026-01-07T00:12:07","modified_gmt":"2026-01-06T18:42:07","slug":"export-invoice-guide","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/export-invoice-guide\/","title":{"rendered":"Export Invoice: Everything You Need to Know to Get Paid"},"content":{"rendered":"<p>If you\u2019re exporting software, digital services, or physical goods and have faced delays in receiving international payments or explaining your earnings to the bank, the problem often lies in your export invoice. Getting paid smoothly depends on this one crucial document, and it\u2019s much more than just a bill you send to your overseas client.<\/p>\n<p><span style=\"font-weight: 400;\">An export invoice is a legally recognised proof of sale that confirms the value of your export, ensures timely payments, and keeps you compliant with Indian regulations under the Foreign Exchange Management Act (FEMA) and Goods and Services Tax (GST). In simple terms, it bridges your business with the global banking system.<\/span><\/p>\n<p>Read on to learn everything you need to create a correct and compliant export invoice format, from mandatory components and e-invoicing rules to simple tips that make documentation easier.<\/p>\n<div style=\"border-left: 4px solid #0073aa; background: #f0f8ff; padding: 15px; margin: 20px 0; border-radius: 5px;\">\n<p><strong style=\"color: #0073aa; font-size: 18px;\">Key takeaways<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">A well-prepared export invoice ensures smooth international payments and compliance with GST, FEMA, and Customs regulations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Include all mandatory details\u2014from buyer and shipment information to GST and bank declarations\u2014to avoid payment or documentation issues.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Stay compliant by registering your AD Code, issuing e-invoices if applicable, and receiving payments within nine months as per FEMA rules.<\/span><\/p>\n<\/div>\n<h2><b>What is an Export Invoice? (And How is it Different from a Tax Invoice?)<\/b><\/h2>\n<p>An export invoice is a commercial document you issue when selling goods or services to a customer outside India. It lists what you\u2019re exporting, the currency, quantity, and value, along with details required under Indian GST laws and FEMA regulations.<\/p>\n<p><span style=\"font-weight: 400;\">While a domestic tax invoice focuses on GST collection within India, an <\/span><b>invoice for export<\/b><span style=\"font-weight: 400;\"> serves a broader purpose. Here\u2019s how they differ:<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Basis of Difference<\/b><\/td>\n<td><b>Export Invoice<\/b><\/td>\n<td><b>Tax Invoice (Domestic)<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Purpose<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Used for cross-border sales to foreign buyers<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Used for sales within India<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Currency<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Usually in foreign currency (USD, EUR, etc.)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Always in Indian Rupees (INR)<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>GST Applicability<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Zero-rated under Goods and Services Tax<\/span><\/td>\n<td><span style=\"font-weight: 400;\">GSTis charged as per applicable rates<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Regulatory Use<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Shared with customs, Directorate General of Foreign Trade (DGFT), and banks for compliance<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Used mainly for domestic GST filing<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><b>Three Core Functions of an Export Invoice<\/b><\/h3>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>For the Buyer:<\/b><span style=\"font-weight: 400;\"> It\u2019s the official bill that tells your overseas client what to pay, in what currency, and under what terms. Without it, foreign remittances can\u2019t be processed smoothly.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>For Customs:<\/b><span style=\"font-weight: 400;\"> The invoice acts as a key document for clearance \u2014 customs officers verify the value, product description, and destination to ensure the export complies with trade regulations.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>For Compliance:<\/b><span style=\"font-weight: 400;\"> It helps exporters claim GST refunds or export goods without paying GST under a <\/span>Letter of Undertaking<span style=\"font-weight: 400;\"> (LUT). It also serves as proof for FEMA and RBI reporting, showing that the payment for exported goods was received properly.<\/span><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/span><\/p>\n<div style=\"border-left: 4px solid #0073aa; background: #f0f8ff; padding: 15px; margin: 20px 0; border-radius: 5px;\">\n<p><strong style=\"color: #0073aa; font-size: 18px;\">Did You Know?<\/strong><\/p>\n<p style=\"margin-top: 10px;\"><i><span style=\"font-weight: 400;\">The RBI mandates that every exporter must receive export proceeds within nine months from the date of export<\/span><\/i><span style=\"font-weight: 400;\">.<\/span><\/p>\n<\/div>\n<\/li>\n<\/ol>\n<h2><b>What Are the Different Types of Export Invoices?<\/b><\/h2>\n<h3><b>1. Commercial Invoice<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">A commercial invoice is the primary export document that serves as legal proof of sale between the buyer and seller. It includes details like item description, quantity, value, and shipping terms used by customs to assess duties and by banks to process payments.<\/span><\/p>\n<h3><b>2. Consular Invoice<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">A consular invoice is certified by the destination country\u2019s consulate or embassy. It provides an official record of the goods\u2019 type, quantity, and value, helping importing authorities verify the shipment and calculate applicable duties faster.<\/span><\/p>\n<h3><b>3. Proforma Invoice<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">A proforma invoice is a preliminary bill or quotation sent before the actual sale. It outlines estimated prices, quantities, and shipping details, allowing the buyer to arrange payment and import permits before confirming the order.<\/span><\/p>\n<h3><b>4. Customs Invoice<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">A customs invoice is required by certain importing countries in addition to a commercial invoice. It includes extra details \u2014 such as freight, insurance, and packing costs \u2014 to help customs determine the import value accurately.<\/span><\/p>\n<h3><b>5. Legalised Invoice<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">A legalised invoice is often needed for exports to Middle Eastern nations. It is attested and stamped by the importer\u2019s country\u2019s consulate, verifying the authenticity of the document and ensuring compliance with local trade requirements.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-24795 size-full\" src=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2025\/11\/Export-Invoice.png\" alt=\"Sample Export Invoice\" width=\"960\" height=\"1088\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2025\/11\/Export-Invoice.png 960w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2025\/11\/Export-Invoice-265x300.png 265w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2025\/11\/Export-Invoice-904x1024.png 904w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2025\/11\/Export-Invoice-768x870.png 768w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/p>\n<h2><b>Mandatory Components: An Anatomy of the Perfect Export Invoice<\/b><\/h2>\n<h3><b>Seller &amp; Buyer Details (The Basics)<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Exporter Details:<\/b><span style=\"font-weight: 400;\"> Include your business name, address, contact details, GSTIN, and IEC. These help authorities and banks identify your business and verify export eligibility.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Invoice Reference:<\/b><span style=\"font-weight: 400;\"> Add a unique invoice number and date. Keep numbering sequential to meet GST and accounting standards. You can also include the buyer\u2019s purchase order number for easy tracking.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Buyer (Consignee) Details:<\/b><span style=\"font-weight: 400;\"> Mention the foreign buyer\u2019s or consignee\u2019s name, address, and contact details. Having the correct consignee ensures smooth customs clearance and delivery.<\/span><\/li>\n<\/ul>\n<h3><b>Transaction &amp; Shipping Details<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Shipment Details:<\/b><span style=\"font-weight: 400;\"> Specify the mode of transport (air, sea, courier) and, if applicable, the port of loading and port of discharge. Include the shipping bill number once generated. These details link your invoice to the official export documentation.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Country of Origin and Destination:<\/b><span style=\"font-weight: 400;\"> Mandatory for customs and trade reporting.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Dispatch or Expected Delivery Date:<\/b><span style=\"font-weight: 400;\"> Helps track shipment timelines for both the buyer and customs records.<\/span><\/li>\n<\/ul>\n<h3><b>Product &amp; Payment Details<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Description of Goods\/Services:<\/b><span style=\"font-weight: 400;\"> Clearly describe what\u2019s being sold. For goods, mention product names, Harmonised System of Nomenclature (HSN) codes, quantities, unit prices, and total value. For services, describe the nature and duration of service.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Value and Currency:<\/b><span style=\"font-weight: 400;\"> State the invoice currency (e.g., USD, EUR) and total value in both foreign currency and INR. Include the exchange rate if required by your bank or GST filing.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Terms of Sale (Incoterms):<\/b><span style=\"font-weight: 400;\"> Mention agreed trade terms like Free on Board (FOB), Cost, Insurance, and Freight (CIF), or Delivered at Place (DAP), defining who bears freight, insurance, and risk.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Payment Terms:<\/b><span style=\"font-weight: 400;\"> Clearly state how and when payment will be made \u2014 for example, \u201c100% advance via wire transfer\u201d or \u201cNet 30 days after shipment.\u201d<\/span><\/li>\n<\/ul>\n<h3><b>Bank &amp; Legal Declarations<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Bank Details for Payment:<\/b><span style=\"font-weight: 400;\"> Add your bank name, account number, SWIFT\/BIC code, and beneficiary name. This ensures accurate and faster remittance.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Tax and Export Declarations: <\/b><span style=\"font-weight: 400;\">Mention whether the supply is under LUT (without IGST) or with IGST paid. Example: \u201cZero-rated supply under LUT \u2013 IGST not applicable.\u201d This ensures GST compliance and smoother refund processing.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Signature and Certification:<\/b><span style=\"font-weight: 400;\"> End with an authorised signature and seal along with a declaration such as \u201cWe certify that the particulars are true and correct and the goods are of Indian origin.\u201d A digital signature is acceptable for online submissions.<\/span><\/li>\n<\/ul>\n<h2><b>Exporting Goods vs. Exporting Services: A Key Difference<\/b><\/h2>\n<h3><b>When You Export Goods<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Goods exports involve the movement of physical items from India to a foreign country. Every transaction is tied to tangible products and must be backed by the right trade and customs documents.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Key elements include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>HSN Codes:<\/b><span style=\"font-weight: 400;\"> Identify the product category under GST for correct tax reporting.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Shipping Bill:<\/b><span style=\"font-weight: 400;\"> Filed electronically through ICEGATE; it\u2019s essential for customs clearance.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Bill of Lading \/ Air Waybill:<\/b><span style=\"font-weight: 400;\"> Proof that goods have been shipped and are in transit.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Ports and Logistics:<\/b><span style=\"font-weight: 400;\"> Details of shipment port, carrier, and destination are mandatory.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Incoterms:<\/b><span style=\"font-weight: 400;\"> Define who bears the cost and risk during transportation between you and your buyer.<\/span><\/li>\n<\/ul>\n<h3><b>When You Export Services<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Service exports, on the other hand, have no physical movement of goods. These include SaaS platforms, IT consulting, design, and other digital services provided to overseas clients.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Key elements include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Service Accounting Code (SAC):<\/b><span style=\"font-weight: 400;\"> Used instead of HSN codes to classify exported services under GST.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Place of Supply:<\/b><span style=\"font-weight: 400;\"> This tells the government where your service is used \u2014 if it\u2019s used outside India, it counts as an export.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Proof of Delivery:<\/b><span style=\"font-weight: 400;\"> You need to show that the work was done, like sharing completed projects, signed approvals, or timesheets from your client.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>No Shipping Documents:<\/b><span style=\"font-weight: 400;\"> Since services are intangible, you\u2019ll rely on contracts, invoices, and bank realisation certificates rather than shipping records.<\/span><\/li>\n<\/ul>\n<h2><b>How to Stay Compliant with GST, E-Invoicing &amp; FEMA?<\/b><\/h2>\n<h3><b>The Big Question: GST on Exports (LUT vs. IGST Refund)<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">There are two ways to handle GST on exports. If you export goods or services under LUT, you don\u2019t need to pay IGST upfront. However, you must receive payment in foreign currency within nine months of export.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Alternatively, you can choose to pay IGST on exports and later claim a refund from the government. In both cases, make sure your invoice clearly mentions whether it\u2019s issued under LUT or with IGST paid.<\/span><\/p>\n<h3><b>Mandatory E-Invoicing for Exports (IRN)<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">If your business turnover is \u20b95 crore or more, you must generate an Invoice Reference Number (IRN) for each <\/span><b>export invoice<\/b><span style=\"font-weight: 400;\">. The invoice must also include the QR code generated from the e-invoicing portal. Without this, the invoice is not valid for GST filing or refund claims.<\/span><\/p>\n<h3><b>FEMA &amp; RBI Compliance: Getting Your Money Home<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">According to FEMA, you must receive export payments in freely convertible foreign currency through your Authorised Dealer (AD) bank within nine months from the date of export.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ensure that your shipping bill, e-invoice, and Bank Realisation Certificate (BRC) carry the same details. This consistency helps banks and customs verify your export and release the payment without issues.<\/span><\/p>\n<h2><b>Common Export Challenges: Avoiding Invoicing Errors and Payment Delays<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Even when your export deal is finalised, a small invoicing mistake can cost you valuable time and money. Whether you\u2019re a SaaS company billing an overseas client or a seller shipping products abroad, accurate export documentation is what keeps your payments moving and your compliance intact.<\/span><\/p>\n<p>Many exporters struggle not because of poor sales, but because of errors in their export invoice format \u2014 something that can easily trigger bank rejections, customs queries, or GST mismatches.<\/p>\n<h3><b>Common Invoicing Mistakes Exporters Make<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Missing or incorrect invoice numbers make it hard for banks or customs to verify the transaction.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Using domestic tax invoice formats instead of the correct <\/span><b>invoice for export<\/b><span style=\"font-weight: 400;\">, leading to GST errors.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Forgetting to include HSN or SAC codes, which are mandatory for classification under GST.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Not mentioning the Place of Supply for services, causing GST compliance issues.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Errors in currency conversion or exchange rates at the time of invoicing.<\/span><\/li>\n<\/ul>\n<h3><b>Why These Mistakes Matter<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Payment Delays:<\/b><span style=\"font-weight: 400;\"> Banks may hold foreign remittances if the invoice doesn\u2019t match customs or FEMA requirements.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Customs Penalties:<\/b><span style=\"font-weight: 400;\"> Wrong or incomplete information can hold up your shipment at customs and may even lead to fines.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>RBI Issues:<\/b><span style=\"font-weight: 400;\"> You must receive your export payment within nine months. If you don\u2019t, or if your documents aren\u2019t correct, it can cause problems with RBI rules and future transactions.<\/span><\/li>\n<\/ul>\n<h2><b>Simplify Global Payments with Razorpay Payment Gateway<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">If you\u2019ve faced delayed payments or compliance issues while exporting, you already know how stressful managing international transactions can be. That\u2019s where<\/span><a href=\"https:\/\/www.google.com\/aclk?sa=L&amp;ai=DChsSEwifzomm6M2QAxWEyzwCHQr4GNEYACICCAEQAxoCc2Y&amp;co=1&amp;ase=2&amp;gclid=Cj0KCQjwmYzIBhC6ARIsAHA3IkSgFwOsHaLB8nnM7nJPPre9Z6jDqZgihp-iS63RZfgqXfvhCA9f12IaArfaEALw_wcB&amp;cid=CAASsAHkaAv_5OXIxNT5uTOVj0wFOwFGPDTZmxhDhY1AxJikK5j1MIusD0n7lLXAR2GT3EW8cZ8Z1IKYjqOHmy-DwpvSK44VqhKFPa4gawZ-teiEEBxA2voWrOSN0wj7qlUWys-augCzYdJA1uddb8OUvaRjXTdrWBh6oLYiF1Lvjr25AbyLVyMc8VeK2_veMoYAWrtpioqZHx1BOEkUuX_FhzgCaRHwHDK1ztcjHCM4m8KLdw&amp;cce=2&amp;category=acrcp_v1_32&amp;sig=AOD64_1e6cpeDppBwjfA5Il_tB1ZC-6gVA&amp;q&amp;nis=4&amp;adurl&amp;ved=2ahUKEwi8lf-l6M2QAxWnzTgGHXDDMuUQ0Qx6BAgSEAE\" rel=\"nofollow noopener\" target=\"_blank\"> <b>Razorpay Payment Gateway<\/b><\/a><span style=\"font-weight: 400;\"> helps \u2014 it brings every step of the export payment process under one reliable platform.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With Razorpay, you don\u2019t just receive payments \u2014 you simplify your entire export workflow. It helps you get paid faster, stay compliant automatically, and avoid delays caused by manual errors or missing documents. Whether you export goods, services, or digital products, Razorpay ensures your global payments arrive securely, in your preferred currency, and right on time.<\/span><\/p>\n<div style=\"background-color: #f5f9fc; padding: 32px 24px; border-radius: 12px; text-align: center; max-width: 720px; margin: 0 auto;\">\n<h2 style=\"color: #1a73e8; margin-bottom: 12px; font-size: 24px; font-weight: bold;\">Simplify International Payments with Razorpay<\/h2>\n<p style=\"color: #333; font-size: 16px; margin-bottom: 20px; line-height: 1.5;\"><strong>Razorpay International ensures effortless FEMA compliance by automatically handling authorized fund processing and digital reporting for all your overseas payments.<\/strong><\/p>\n<p><a style=\"background-color: #1a73e8; color: #ffffff; font-weight: 600; padding: 12px 24px; border-radius: 8px; font-size: 16px; text-decoration: none; display: inline-block;\" href=\"https:\/\/razorpay.com\/accept-international-payments\/?utm_source=blog&amp;utm_medium=cta&amp;utm_campaign=international_payments\"><em><strong>Explore Razorpay&#8217;s Global Payment Solutions<\/strong><\/em><\/a><\/p>\n<\/div>\n<h2><b>FAQs<\/b><\/h2>\n<h3><b>1. What is the difference between an HSN code and an SAC code?<\/b><\/h3>\n<p><b><br \/>\n<\/b><span style=\"font-weight: 400;\">HSN codes apply to goods, while SAC applies to services. Both are used to classify items under GST for accurate tax reporting and export documentation.<\/span><\/p>\n<h3><b>2. Is an e-invoice (IRN) mandatory for all exporters in India?<\/b><\/h3>\n<p><b><br \/>\n<\/b><span style=\"font-weight: 400;\">E-invoicing is mandatory only if your aggregate turnover exceeds \u20b95 crore in a financial year.\u00a0<\/span><\/p>\n<h3><b>3. What is an AD Code, and where do I get one?<\/b><\/h3>\n<p><b><br \/>\n<\/b><span style=\"font-weight: 400;\">An Authorised Dealer Code is a unique 14-digit number that connects your export transactions to your bank account. It\u2019s issued by the bank where you hold your current account and must be registered with Indian Customs through the ICEGATE portal.<\/span><\/p>\n<h3><b>4. How long do I have to receive my payment for exports under FEMA?<\/b><\/h3>\n<p><b><br \/>\n<\/b><span style=\"font-weight: 400;\">Under FEMA regulations, exporters must receive full payment in freely convertible foreign currency within nine months<\/span> <span style=\"font-weight: 400;\">from the date of export.<\/span><\/p>\n<h3><b>5. Can I create one invoice for multiple purchase orders?<\/b><\/h3>\n<p><b><br \/>\n<\/b><span style=\"font-weight: 400;\">Yes, you can combine multiple purchase orders into one export invoice, provided all orders are for the same buyer and shipment.\u00a0<\/span><\/p>\n<h3><b>6. What is a Letter of Undertaking (LUT) in GST?<\/b><\/h3>\n<p><b><br \/>\n<\/b><span style=\"font-weight: 400;\">An LUT allows you to export goods or services without paying IGST upfront, provided you receive the export proceeds within the prescribed period.\u00a0<\/span><\/p>\n<h3><b>7. What is the difference between a tax invoice and a shipping bill?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">A tax invoice is a document you issue to your overseas buyer\u2014it lists what you\u2019re selling, the value, and the terms of payment. A shipping bill, on the other hand, is filed with Indian Customs when you export goods. It\u2019s a mandatory document for Customs clearance and proof that the goods have legally left the country.<\/span><br \/>\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is the difference between an HSN code and an SAC code?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"HSN codes apply to goods, while SAC codes apply to services. Both are used to classify items under GST for accurate tax reporting and export documentation.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"Is an e-invoice (IRN) mandatory for all exporters in India?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"E-invoicing is mandatory only if your aggregate turnover exceeds \u20b95 crore in a financial year.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is an AD Code, and where do I get one?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"An Authorised Dealer (AD) Code is a 14-digit number that links your export transactions to your bank account. It is issued by the bank where you hold a current account and must be registered on the ICEGATE portal with Indian Customs.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"How long do I have to receive my payment for exports under FEMA?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Under FEMA regulations, exporters must receive full payment in freely convertible foreign currency within nine months from the date of export.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"Can I create one invoice for multiple purchase orders?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Yes, you can combine multiple purchase orders into one export invoice, as long as all orders are for the same buyer and shipment.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is a Letter of Undertaking (LUT) in GST?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"A Letter of Undertaking (LUT) allows you to export goods or services without paying IGST upfront, provided you receive the export proceeds within the prescribed period.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is the difference between a tax invoice and a shipping bill?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"A tax invoice is issued to your overseas buyer and lists product details, value, and payment terms. A shipping bill is filed with Indian Customs for export clearance and serves as legal proof that goods have left the country.\"\n      }\n    }\n  ]\n}\n<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019re exporting software, digital services, or physical goods and have faced delays in receiving international payments or explaining your earnings to the bank, the problem often lies in your export invoice. Getting paid smoothly depends on this one crucial document, and it\u2019s much more than just a bill you send to your overseas client.<\/p>\n","protected":false},"author":142,"featured_media":25265,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1067],"tags":[],"class_list":{"0":"post-24778","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cross-border"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/24778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/users\/142"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=24778"}],"version-history":[{"count":4,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/24778\/revisions"}],"predecessor-version":[{"id":24797,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/24778\/revisions\/24797"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/25265"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=24778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=24778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=24778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}