Frequently asked questions
- Can I raise an export invoice under LUT?
- Yes, you can switch an invoice to export under LUT and the LUT line is printed. That line paraphrases rule 46, and an export on payment of IGST prints no endorsement yet, so have your CA check the declaration before you rely on it.
- Does GSTR-1 pick up my shipping bill details?
- Not yet. You can record the shipping bill number and date on the invoice, but the GSTR-1 export rows do not read them yet, so they need filling in separately.
- Does Finocket track eBRC or export realisation?
- No. There is no IRM matching, eBRC self-certification or realisation-deadline tracking yet. You can type the FIRC or FIRA reference against the invoice.
- Does it calculate RoDTEP or duty drawback?
- No. You can note which scheme a shipment went out under; there are no rates and no claim ledger in the product.
- Can I generate an e-invoice for an export?
- Not yet. E-invoicing is available for domestic B2B invoices only.
- Does it run payroll for my godown staff?
- No. HR and payroll are handled by ashr.work, a separate product.
- Are these prices final?
- No. The prices shown are drafts and may change before launch.