Your buyer sends a purchase order that says “CIF Rotterdam” and you quote a price without fully knowing what that commits you to. Or your supplier-turned-buyer asks for “EXW” terms and you agree, not realising this could turn your zero-rated export into a GST liability. Incoterms decide three things in every export deal: who pays … Read more
Every first-time exporter in India hits the same wall: the shipment is ready, the buyer has confirmed, but nobody told you how many documents you actually need – or what happens if even one is missing or mismatched. A single wrong detail across two documents – say, a product description on your invoice that does … Read more
If you have searched for an HS code for your export product, you have probably run into three different terms – ITC-HS Code, HSN Code, and HS Code – and wondered if they are the same thing, or if you are looking at the right list entirely. Most exporters copy a code from a freight … Read more
An export invoice is not just a bill. It is the document that clears your goods through customs, gets you paid by your overseas buyer, satisfies your bank for foreign remittance, and keeps you compliant with GST, FEMA, and the DGFT at the same time. Get one field wrong – a mismatched GSTIN, a missing … Read more
If you are an Indian exporter, there is one GST compliance task that must be completed every year before you raise your first export invoice – filing your LUT (Letter of Undertaking) in Form RFD-11 on the GST portal. Miss this and you will be required to pay IGST on every export, then wait months … Read more
If you are planning to export or import goods from India, the very first thing you will need is an IEC code. Before you generate a commercial invoice, before you book a shipment, before you open a foreign currency account – the IEC comes first. In this guide, we explain exactly what an IEC code … Read more