LUT exports, FX and FIRC — billing for service exporters
Invoice overseas clients in USD/EUR/GBP under LUT, capture the export declaration GSTR-1 needs, and keep your zero-rated supplies in the right table — without manual rework at filing.
Free during launch · no card required · export your data any time
Sound familiar?
You bill foreign clients and aren't sure your zero-rated exports are reported right.
Exchange rates and the rupee equivalent have to be correct for the books.
LUT exports need the right declaration on the invoice and in GSTR-1.
You don't want IGST charged on a genuine export under LUT.
How BillForge handles it
Multi-currency invoices
Raise invoices in USD / EUR / GBP; the exchange rate auto-fetches (RBI/ECB) for the invoice date and the PDF, pay page and GSTR-1 show the right symbol and rupee equivalent.
LUT export declaration
Mark an invoice as an LUT export and BillForge prints the Rule-46 export declaration and keeps the supply zero-rated — no IGST charged on a genuine export.
Export details into GSTR-1
Shipping Bill No / Date / Port Code flow into the GSTR-1 EXP section (JSON + CSV); zero-rated exports are bucketed separately from domestic supplies.
Zero-rated, reported right
Exports land in GSTR-3B 3.1(b) and the GSTR-1 export tables — kept out of your domestic taxable turnover so the two returns reconcile.
Books in rupees, billing in FX
Every foreign-currency invoice carries its rupee value for your ledger, P&L and reconciliation, so your accounts stay in INR while you bill abroad.
CA portal + statements
Your CA gets the read-only portal and your original bank/PayPal statements, so verifying export realisation is a click, not a thread.
Questions
Can I invoice in foreign currency?▾
Yes — USD, EUR and GBP, with the exchange rate auto-fetched for the invoice date and the rupee equivalent kept for your books.
Does it handle LUT (export without IGST)?▾
Yes — mark the invoice as an LUT export and BillForge prints the export declaration and keeps the supply zero-rated, with no IGST charged.
Are exports reported correctly in GST returns?▾
Exports go to the GSTR-1 export tables and GSTR-3B's zero-rated row, kept separate from domestic turnover so the returns reconcile.
Stay compliant without the busywork
Correct GST + TDS, reconciliation that matches, and a read-only link for your CA — built for the way you actually work.