The exporter's realisation clock.
The goods left, and a clock started that nobody in the warehouse can see. Put your dates in and see the date the proceeds are due, how many days are left or how many you are past, how much of the invoice is still outstanding, and what an open entry actually does at your bank. Computed in your browser, on your numbers, with nothing sent anywhere.
Enter whichever dates you have. The 2015 Regulations run the period from the date of export and the 2026 Regulations from the date of shipment, and neither is always the date printed on the shipping bill, so the tool lets you say which one starts your clock.
This is a field and not an assumption, because the period has moved four times since 14-11-2025 and each window belongs to the date of export. The tool suggests the window for your dates and names its instrument. Override it where your bank or your own instrument says otherwise.
Fifteen months from the date of export. FEMA 23(R)/(7)/2025-RB substituted fifteen for nine in Regulation 9(1) from its Gazette publication on 14-11-2025, until FEMA 23(R)/(8)/2026-RB substituted nine again from 05-06-2026.
Regulation 9(1) of the Foreign Exchange Management (Export of Goods and Services) Regulations, 2015, as amended by Notification No. FEMA 23(R)/(7)/2025-RB dated 13-11-2025, for exports from 14-11-2025 to 04-06-2026, effective 14-11-2025. Read it on rbi.org.in, last read 28-09-2026.15 months from the Let Export Order dated 04-03-2026.
What is still to come in, and what share of the invoice it is. A part-realised bill is still an open bill.
The entry is open and inside its period. If it is still unrealised at the due date, it does not lapse: it stays open against your IEC at your AD bank and shows as an outstanding shipping bill in EDPMS until it is realised, extended on stated reasons, or written off.
An extension is asked for before the period ends, not after it, and it is your AD bank that allows it on the reasons you give. Purser prepares that file and stages it. It never submits to a government portal, and it never sends a message to a bank or a buyer without a recorded human approval event.
Enter your total export proceeds realised last calendar year and this shows the self write-off ceiling, at 5 percent of that figure, or 10 percent for a Status Holder Exporter, and the 10 percent your AD bank can write off. A percentage of a base you have not given is a misleading zero, so nothing is shown until you give it.
The period is set by the date of export. For exports before 14-11-2025 it is nine months from the date of export. For exports from 14-11-2025 to 04-06-2026 it is fifteen months, and for exports from 05-06-2026 to 30-09-2026 it is nine months again, both by amendment of the 2015 Regulations. For exports on or after 01-10-2026 it is nine months from the date of shipment, or twelve months where the export is invoiced or settled in Indian Rupees, under the 2026 Regulations as amended on 22-09-2026. The 2026 Regulations as first notified said fifteen and eighteen months; that text never came into force. Every instrument is named below and links to rbi.org.in.
The gap this tool will not paper over. None of the amending notifications says whether it reaches an export already made. Notification No. FEMA 23(R)/(8)/2026-RB brought nine months back from 05-06-2026 with no saving clause for exports shipped on fifteen. The 2026 Regulations supersede the 2015 Regulations from 01-10-2026 except in respect of things done or omitted to be done before that date, and Regulation 20, inserted by Notification No. FEMA 23(R)/(1)/2026-RB, has AD banks handle transactions undertaken before 01-10-2026 that used to need Reserve Bank approval. Neither text says which period governs an export whose clock is still running. So the tool suggests the period in force on the date of export, shows the instrument behind it, and leaves the choice with you. Confirm with your AD bank before you act on the date.
If you are on the Caution List. The same September 2026 notification adds a proviso to Regulation 13: an exporter on the Caution List as on 30-09-2026 under an order made under Regulation 16 of the 2015 Regulations stays governed by that order until removed from the list. This tool does not model an individual order.
Updated: 28-09-2026. Every source above was read on rbi.org.in on 28-09-2026.
How this works. Plain arithmetic on the numbers you type, computed in your browser, with nothing sent anywhere and nothing stored. A month is added the way a deadline actually runs, so a bill shipped on the 31st falls due on the last day of a shorter month rather than rolling into the next one. Figures are indicative and the instruments can be amended: verify against the instrument in force on your consignment's own dates before acting. Purser does this from the other end, computing every clock from the shipment record itself with the instrument carried on the row. It never submits to a government portal, and it never sends a message without a recorded human approval event.
One clock is arithmetic. Four hundred is a system.
This page runs one shipping bill from numbers you type. Purser runs every open bill against your IEC, from the record, with the instrument behind every date.