Winvesta

You raised an invoice to a client in Austin on 14 October. The work is delivered and the payment is on its way. Then your accountant mentions a form you have never filled in: the Export Declaration Form, or EDF. From 1 October 2026, RBI requires every ser

You raised an invoice on 2 October to a client in Austin. Their accounts team pays on net-90 and is usually late. A few months ago you might have shrugged: everything you read said you had fifteen months to get that money into India. That is no longer the

Your client in New York pays the invoice on Monday morning. You get the remittance advice, you can see the reference number, and you tell your accountant the money has left. Thursday arrives and your account is still empty. You call the bank. Someone tell

Your bank emails you about an open EDPMS entry. It points to an invoice you raised in March, a little over 4 lakh, which your client paid in April. The money reached your account months ago. The entry is still sitting open in the RBI's system, and the ban

At the end of July, your feed filled up with headlines saying the income tax deadline had been extended to 31 August. If you invoice foreign clients and file ITR-4, you exhaled and closed the tab. Two things about that are worth knowing before you file. I

You buy 40 tonnes of speciality chemicals from a supplier in Vietnam and sell them to a buyer in Germany. The container goes straight from Ho Chi Minh City to Hamburg. It never touches an Indian port, you never file a shipping bill, and yet your bank in M

You bill a Singapore company $18,000 for a quarter of design work. In the same quarter, you license software from that same company and owe them $6,000. Two wires cross in opposite directions, each one picking up correspondent charges, each one landing as

The debit lands about three weeks after the fact. A few thousand rupees, described on your statement as something like "late submission charge - export documents", for a filing you sent in eleven days past the deadline because your client took eleven days

The emails get shorter, then they stop. The invoice is four months old, the client's website is still up, and your last three messages have gone unanswered. You have written it off mentally and moved on, which is the sensible commercial instinct and exact

Your client says they sent it four days ago. They have forwarded the confirmation from their bank. Nothing has landed in your account, nobody has called you, and the tracking reference they gave you means nothing to anyone you can reach on a support line.