For GCA withdrawals, you must provide a proper GST-compliant invoice to receive funds in India.
Why is a GST invoice required?
• RBI regulations mandate invoices for all business receipts from abroad
• Proves export of goods or services
• Required for tax compliance and audit
• Needed for purpose code verification
Mandatory invoice fields:
1. Your business details: Legal name (matching PAN), address, GSTIN/PAN, contact
2. Client details: Company name, foreign address, contact
3. Invoice details: Unique number, date, currency, due date
4. Service/product description: Detailed description, quantity, rate, total
5. Tax details: 'Export of Service/Goods', place of supply, HSN/SAC code, GST @0%
6. Purpose code: e.g., P0802 for software services, P1004 for legal services
7. Declaration: 'This is an export invoice'
8. Authorised signature (digitally acceptable)
For Non-GST registered businesses:
• State 'GST Registration: Not Applicable'
• Include all other mandatory fields
• Proper invoice still required even without GST registration
Processing time: 4-6 hours if the invoice is correct; 24-48 hours if clarification is needed.