STATUTORY GST & FOREX ENGINE

Modern Invoicing for Global Exporters & Agile Teams

Say goodbye to Excel-based audit vulnerabilities. Generate multi-currency export invoices, automate 0% IGST Letter of Undertaking (LUT) filings, and reconcile bank Forex realization gains/losses with mathematical precision.

โ˜…โ˜…โ˜…โ˜…โ˜… 4.9/5 (128+ verified reviews) โœ“ 100% DPDP Act Compliant โœ“ 0% IGST under LUT โœ“ Instant GSTR-1 CSV
codxpert-engine // invoice_terminal.sys
โ— LIVE AUDIT VERIFIED
INV-202609-0001
Billed to: Acme Global Technologies (Dubai, UAE)
LUT EXPORT (0% IGST)
Service Item SAC Qty Rate (AED) Total
Cloud Solution Architecture 998314 1.0 3,500.00 3,500.00
API & Database Infrastructure 998315 1.0 1,000.00 1,000.00
Invoice Subtotal: AED 4,500.00
Statutory IGST (Export under LUT): AED 0.00 (0%)
Grand Total: AED 4,500.00
Invoice-Date Locked Value: โ‚น116,685.00 INR (@ 25.93)
โšก Bank FIRC Reference: 010926I049909936
Real-Time Foreign Currency Exchange Rates
โ— LIVE BENCHMARK RBI Reference & Central Bank Fixed Pegs
๐Ÿ‡บ๐Ÿ‡ธ
USD / INR
US Dollar
โ‚น95.24
โ–ฒ +0.12%
๐Ÿ‡ฆ๐Ÿ‡ช
AED / INR
UAE Dirham
โ‚น25.93
โ–ฒ +0.08%
๐Ÿ‡ช๐Ÿ‡บ
EUR / INR
Euro
โ‚น109.71
โ–ผ -0.04%
๐Ÿ‡ฌ๐Ÿ‡ง
GBP / INR
British Pound
โ‚น128.82
โ–ฒ +0.15%
๐Ÿ‡ฆ๐Ÿ‡บ
AUD / INR
Australian Dollar
โ‚น66.49
โ–ฒ +0.06%

Calculate Your Forex Variance & Tax Savings

Experience how Cod Xpert automatically computes bank liquidation realization rates, logs Forex gain credits, and legally eliminates IGST under LUT.

$
โ‚น96.19 INR
โ‚น90.48 Locked on Invoice: โ‚น95.24 โ‚น100.00
Automated Financial Output
Invoiced INR Equivalent (Invoice Date): โ‚น4,17,250.00
Actual Bank Liquidation (Bank Date): โ‚น4,21,000.00
Forex Variance Ledger ๐Ÿ“ˆ Realized Forex Gain Credit
+โ‚น3,750.00
Statutory GST Exemption (LUT) IGST Payable: โ‚น0.00 (0%)
Saved: โ‚น75,105.00 @ 18% standard IGST
Automate This Workflow Free

Engineered for Flawless Exporter Compliance

Every module is purpose-built to eliminate accounting guesswork, comply with Indian GST laws, and protect your commercial records.

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GST LUT Compliance

Automatic injection of mandatory statutory Letter of Undertaking (LUT) declarations on export invoices, legally validating 0% IGST export billing without audit risk.

โ— Section 16 IGST Act Ready
๐Ÿ’ฑ

Multi-Currency Engine

Full support for USD, AED, EUR, GBP, AUD, CAD, and 160+ currencies with real-time exchange rates. Includes instant manual override options to lock precise invoice-date rates.

โ— Live API Sync + Manual Locks
๐Ÿ“ˆ

Forex Variance Ledger

Track exact bank liquidation dates and realized INR amounts. Automatically reconciles realized Forex gains or losses and synchronizes bank FIRC / e-BRC reference numbers.

โ— Automatic e-BRC Reconciliation
๐Ÿ—„๏ธ

GSTR-1 Tax Portal Export

Generate monthly GSTR-1 compliant CSV reports for your Chartered Accountant. Strict lock on invoice-date values, export invoice categories, and complete tax breakdown.

โ— Direct CA & Portal Upload
๐Ÿงพ

Expense & ITC Ledger

Log company purchases (hosting, domains, software), upload digital receipts, and track tax credit claims in a secure GST Input Tax Credit (ITC) ledger with Excel export.

โ— Digital Receipt Vault + Excel Export
โœ‰๏ธ

Custom SMTP Dispatch

Deliver invoices and payment reminders from your own domain SMTP credentials. All passwords are encrypted with AES-256-CBC with complete dispatch audit logs.

โ— Zero Shared Mailer Overhead

Spreadsheet Chaos vs. Cod Xpert Pipeline

Eliminate manual conversion mistakes, missing LUT audit trails, and payment reconciliation delays.

โœ• Legacy Manual Workflow
  • โœ• Manual Rate Copy-Pasting: Relying on random search engine exchange rates without date-locked audit records.
  • โœ• Tax Audit Penalties: Invoices generated without mandatory statutory LUT declarations risk severe IGST demand notices.
  • โœ• Forex Variance Blindspots: Inability to trace whether a completed transaction ended in a net currency gain or loss.
  • โœ• Scattered Receipt Proofs: Missing software purchase invoices and failure to claim eligible Input Tax Credits (ITC).
โœ“ Cod Xpert Automated Precision
  • โœ“ Automated Live Conversion: Exact rates fetched and locked at the second of invoice creation with tamper-proof records.
  • โœ“ Statutory LUT Protection: Automated LUT injection on customer views and downloadable PDF documents.
  • โœ“ Real-time Forex Ledger: Liquidation rates and FIRC numbers synchronized across PDF, web views, and exports.
  • โœ“ ITC Tax Credit Ledger: Centralized digital receipt vault with instant Excel export ready for your accountant.
160+
Global Currencies Supported
0%
IGST Paid Under LUT Export
100%
DPDP Act 2023 Compliant
7 Days
Grievance Redressal SLA

Frequently Asked Questions

Clear statutory and technical answers regarding GST LUT exports, Forex reconciliations, and data privacy.

Under Section 16 of the IGST Act, Indian registered entities exporting services or goods can supply without payment of Integrated GST by executing an active Letter of Undertaking (LUT). Once you register your LUT number inside settings, Cod Xpert automatically injects the mandatory statutory declaration string onto both customer views and downloaded PDF invoice layouts.

The application connects to a secure live ExchangeRate-API. Whenever you select a foreign currency (USD, AED, EUR, AUD, etc.), the system checks its validity and fetches the daily conversion rate. For maximum commercial flexibility, you can manually override the exchange rate, which updates the locked, read-only INR equivalent.

When recording a payment or editing an invoice, you enter the actual INR credited by your bank and the Foreign Inward Remittance Certificate (FIRC/e-BRC) reference number. The system compares the received INR with the locked invoice date INR, automatically calculating and posting the exact realized Forex Gain Credit or Loss Debit to your compliance ledger.

Yes! The integrated Business Expense Tracker allows you to log operational costs (hosting, internet, software licenses), upload PDF or image receipts, and compile tax splits (CGST, SGST, IGST) into a clean Excel ledger to claim Input Tax Credit on your GST returns.

Yes, 100%. Cod Xpert operates in complete compliance with India's Digital Personal Data Protection Act, 2023 (Act No. 22 of 2023). We enforce itemized notice and consent, strict purpose limitation, AES-256-CBC encryption for SMTP credentials, multi-tenant database isolation, a published Data Protection Officer desk, and a guaranteed 7-business-day resolution SLA.

Have Questions or Need Architecture Support?

Whether you need assistance setting up GST LUT rules, custom SMTP verification, or managing multi-currency invoices, our engineering desk is ready. Reach out and receive a reply within 24 business hours.

โœ‰๏ธ
Direct Email Support info@codxpert.com
๐Ÿ“ž
Phone & WhatsApp Support +91 7979976451
๐Ÿ“
Registered Headquarters House No. 119, I.T.C. Colony, Shankarpur, Munger, Bihar 811201, India