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 it doesn't change. Read More 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 can match to your own month. Read More 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 payment Indian exporters sending sample goods, gifts, or low-value shipments that… Read More Kalihitesh KOctober 15, 2026
EducationBank Wire vs Remit Circle: Which Actually Gets You More of Your Payment? Your client abroad hits "send." A few days later, a number lands in your account — and it's always a bit lower than… Priyansh JainAugust 10, 2026
Purpose CodesP0102 : Realisation of export bills (goods) sent for collection You shipped goods and sent the export bill to your bank for collection - and the overseas buyer has now paid.… Priyansh JainAugust 4, 2026
Purpose CodesP0802 : Software implementation / consultancy services (Other than SOFTEX) You are receiving payment from abroad for software implementation, customization, or IT consultancy services - where… Priyansh JainAugust 4, 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… Priyansh JainAugust 4, 2026
Purpose CodesP1007 : Advertising, trade fair service You are receiving payment from abroad for advertising services or trade fair and exhibition management services… Kalihitesh KAugust 4, 2026
Purpose CodesP1006 : Business and management consultancy and public relations services You are receiving payment from abroad for business strategy, management consultancy, or public relations services… Priyansh JainAugust 4, 2026