Multi-Currency Invoicing – When You Sell in FX
Export and cross-border sales need special handling.
Basics
- Invoice can be in USD, EUR, etc.
- Show equivalent INR for GST (as per RBI rate or contract)
- IGST applies on export of goods (often 0% with refund)
- Services: different rules for B2B vs B2C
What to Include
- Currency clearly stated
- Exchange rate used (if converting)
- Bank details for international transfer
- Shipping terms (FOB, CIF, etc.)
Compliance
Export documentation differs from domestic. Consult a CA for your product category. GST calculator for domestic; export needs professional advice.