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Export compliance settings

Configure AD Bank details, IEC, LUT, and other export compliance settings

Export compliance settings

Set up your export compliance profile so the app can track FEMA deadlines, auto-fill EDF filings, and reference your LUT on export invoices.

Opening the settings

  1. Go to Settings from the sidebar.
  2. Click Company Profile.
  3. Scroll to the Export Compliance section, or navigate to Settings > Export Compliance directly if the link is available.

IEC (Importer Exporter Code)

Your IEC is a 10-digit code issued by DGFT. It is required for all export transactions.

  • Enter your IEC number in the IEC field under company registration details.
  • The app references this on export invoices and compliance reports.

If you do not have an IEC, apply at the DGFT portal. Processing typically takes 3–5 business days.

AD Bank details

Your Authorized Dealer (AD) bank processes foreign currency transactions and certifies export declarations. Under FEMA 2026, the AD bank is the default certifying authority for EDF filings.

Configure the following:

FieldDescription
Bank nameYour AD Category I bank (e.g. HDFC Bank, ICICI Bank, SBI)
AD codeThe bank's Authorized Dealer code, used in FEMA reporting
BranchThe branch handling your export transactions
Account numberYour foreign-currency or EEFC account number

The AD code appears on your export invoices and is referenced in EDF filings and EDPMS entries. You can find it on any previous bank certificate or by contacting your bank's trade finance desk.

LUT (Letter of Undertaking)

The LUT allows you to export without paying IGST upfront. It is valid for one financial year (April 1 to March 31).

FieldDescription
LUT numberYour Letter of Undertaking reference number from the GST portal
Validity startStart date of the LUT period (typically April 1)
Validity endEnd date (typically March 31 of the following year)

Once configured, the app auto-fills the LUT reference on new export invoices and warns you if the LUT has expired.

LUT renewal reminders

The system sends alerts 30 days before your LUT expires. File the renewal (Form GST RFD-11) on the GST portal before March 31 each year to ensure uninterrupted zero-rated exports.

Purpose codes

RBI purpose codes classify the nature of your export transaction. The app supports these IT/ITES codes:

CodeDescription
P0801Hardware consultancy
P0802Software implementation
P0803Data processing
P0804Repair and maintenance
P0805News agency services
P0806Other information services

P0802 (software implementation) is the most common for IT service exports. Set a default purpose code here to avoid selecting it on every invoice.

SAC codes

Service Accounting Codes identify your service type for GST:

CodeDescription
998313IT consulting and support
998314IT design and development
998315Hosting and infrastructure
998316Network management
998319Other IT services

The default is 998314 (IT design and development). Change the default here if your business primarily falls under a different category.

FEMA 2026 regime

Starting October 1, 2026, the app automatically applies the post-2026 compliance regime to new export invoices. This means:

  • EDF workflow replaces SOFTEX for invoices dated on or after October 1, 2026.
  • AD Bank certification is the default (STPI remains optional).
  • Monthly filing deadlines apply instead of per-invoice deadlines.

You do not need to manually switch regimes. The app detects the correct workflow based on the invoice date. See FEMA overview for full details on the regulatory changes.

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