What exchange-rate direction should I use?

Settlement-currency units per one invoice-currency unit.

Does this decide whether GST is payable?

No. Tax liability and invoice compliance require a separate assessment.

NRI & International · Cross-border payments

International Invoice Net Receipts Calculator

Estimate the cash received from an international invoice after entered withholding, payment fees and currency conversion costs.

Enter your details

Values you enterComputed values

Scope: Cash receipt model using entered withholding, payment fees and FX. It does not determine VAT/GST or treaty tax liability.

Currencies

Invoice currency

Settlement currency

Amounts

Gross invoice amount

Verified withholding-tax base

Fixed payment fee in invoice currency

Assumptions

Verified effective withholding rate %

Payment fee on gross invoice %

Settlement-currency units per invoice-currency unit

FX markup on reference conversion %

Fixed settlement-currency fee

Result

Estimate

Estimated settlement: ₹7,42,090.40.

Invoice totalUS$10,000.00

WithheldUS$1,000.00

Settlement received₹7,42,090.40

Receipt waterfall

Item	Amount
Invoice total	US$10,000.00
Withholding	-US$1,000.00
Payment fees	-US$120.00
Available for conversion	US$8,880.00
Converted at reference FX	₹7,45,920.00
FX markup cost	-₹3,729.60
Settlement fee	-₹100.00
Net settlement	₹7,42,090.40

Assumptions & scope

Cash receipt model using entered withholding, payment fees and FX. It does not determine VAT/GST or treaty tax liability.
FX quote is settlement-currency units per one invoice-currency unit. Fee percentages apply to gross invoice value. Enter withholding base and rate after treaty/tax review. VAT/GST recovery, payment dates and tax credits are outside the cash-receipt estimate. Do not enter an already marked-up FX rate and add the same markup again.

Disclaimer: Computed to the best of our knowledge, as per the laws, rules and official guidance of the country stated on this page in force on the date this website was last deployed (2 Oct 2026). Results are estimates for planning only and are not tax, legal, employment or investment advice. Please verify with the official sources listed, or a qualified professional, before relying on them. Rates and limits last reviewed on 1 Oct 2026.

How to use the International Invoice Net Receipts Calculator

1
Enter your own amounts, dates and verified eligibility facts. Sample values illustrate the calculation only.
2
Check the breakdown and assumptions. Resolve any review-required items before using the result.
3
Download the Figment PDF to retain the inputs, calculation, sources and scope.

How the calculation works

Invoice-currency net = invoice − taxable base × effective withholding rate − percentage/fixed payment fees.

Settlement net = invoice-currency net × reference FX × (1 − FX markup) − settlement fee.

Cash receipt model using entered withholding, payment fees and FX. It does not determine VAT/GST or treaty tax liability.

Worked example

USD 10,000 invoice; 10% withholding; 1% payment fee plus USD 20: USD 8,880 remains for conversion.
At ₹84/USD, 0.5% FX markup and ₹100 settlement fee, estimated receipt is ₹7,42,090.40.

What this tool covers

Cash receipt model using entered withholding, payment fees and FX. It does not determine VAT/GST or treaty tax liability.

Using the result

Keep underlying bank statements, travel records, contracts or invoices with the PDF, as applicable. Recalculate when the facts or assumptions change. A modelled result is not a filing, legal opinion or guarantee.

Frequently Asked Questions

No. The report shows them separately because withheld tax may be creditable under tax rules.