EducationDoes the ₹10 Lakh Limit Mean You Don’t Need an EDF? (No, Here’s What It Actually Covers) Heard bills under ₹10 lakh don't need an EDF? They do. Here is what the EDF 10 lakh limit actually covers, and what… Kalihitesh KOctober 19, 2026
Education10 Invoices, 1 or 10 EDF? EDF for Multiple Invoices Explained Raising several foreign invoices a month? Here is how EDF for multiple invoices works, with five worked scenarios you… Kalihitesh KOctober 16, 2026
Purpose CodesP0104 : Receipts for exports not covered by shipping bill / sample goods You exported goods or sent samples abroad for which no formal shipping bill was filed, and you are now receiving… Kalihitesh KOctober 15, 2026
Purpose CodesP0103 : Advance receipts against exports (goods) You received payment from an overseas buyer before you have shipped the goods Indian goods exporters who collect… Kalihitesh KOctober 12, 2026
Purpose CodesP0101 : Export bills negotiated / purchased / discounted (except Nepal & Bhutan) Your Indian bank has negotiated, purchased, or discounted an export bill on your behalf and you are receiving the funds… Kalihitesh KOctober 9, 2026
Purpose CodesP0017 : Sale of intangible assets by Indian companies (Patents, Copyrights, Trademarks) An Indian company is selling or permanently transferring ownership of intellectual property - patents, copyrights, or… Kalihitesh KOctober 7, 2026
Purpose CodesP0016 : Purchase of foreign currency from foreign banks / monetary authorities An Indian Authorised Dealer bank or the RBI is purchasing foreign currency from overseas banks or monetary authorities… Kalihitesh KOctober 5, 2026