How Can Etsy Sellers in India Receive International Payments in 2026?

• Ticket size: Many Etsy orders are single retail parcels of modest value. Etsy pays Indian sellers in one weekly deposit, so a week's payout can combine many small orders. Direct wholesale or custom orders from repeat buyers can be larger.
• Currencies: Buyers browse and pay in their own currency, but Etsy deposits Indian sellers' funds only in USD, per Etsy help for sellers in India. Listing in a currency other than the payment account currency adds Etsy's 2.5 percent currency conversion fee on the sale amount, per Etsy help on currency conversion fees.
• Geography: New Etsy shops opened in India can only sell internationally, and Indian shops on Etsy Payments cannot accept domestic sales, per Etsy help for sellers in India. Buyers are retail shoppers in many countries.
• Payment methods: Buyers pay Etsy at checkout by credit or debit card, Etsy gift cards and other options such as Apple Pay or Google Pay, per Etsy help on Etsy Payments. Etsy then sends the seller's balance in USD to a linked payment account each Monday, per Etsy help for sellers in India. That account pays the seller's Indian bank.

1. 1Buyer's checkout on EtsyDeduction: None for the seller at this stage. The buyer pays Etsy in the buyer's own currency, and Etsy holds the sale in the seller's Etsy payment account.
2. 2Etsy payment accountDeduction: Transaction fee, payment processing fee, listing and regulatory fees, TCS and TDS. Etsy applies fees owed and Indian tax collections to incoming funds before the balance becomes available for deposit.
3. 3Weekly USD depositDeduction: None by Etsy for the deposit itself. Etsy sends the available USD balance to the linked payment account every Monday at 11:30am ET.
4. 4Linked payment accountDeduction: Withdrawal and currency conversion fees. The linked account converts USD to INR when it pays the seller's Indian bank, and may charge for this.
5. 5Seller's Indian bankDeduction: Possible inward remittance charges at some banks. The bank credits INR and records the remittance details used for EDPMS closure and eBRC.

The table ranks platforms with full published pricing for USD by the INR received on USD 500, then lists other business platforms that accept USD, unranked. Fees were checked on 30 Sept 2026 or later.

Each row applies the platform's published fee, FX markup and 18% GST on the fee to the mid-market rate of ₹94.75 per USD for 3 Nov 2026.

• Payout timing: New sellers' funds are generally eligible for deposit 14 days after a sale, and Etsy may hold a rolling reserve, per Etsy deposit help. Etsy sends Indian sellers' deposits only on Mondays. Plan stock and shipping costs around this cycle.
• Shipping bill matching: Every parcel exported on its own shipping bill or postal bill creates an EDPMS entry, while Etsy pays weekly lump sums. For shipping bills up to ₹10 lakh, Regulation 4(2) lets the AD bank close entries on the exporter's declaration, filed singly or quarterly in bulk. See EDPMS closure.
• Name match: Etsy says enrolment may take longer or fail if the legal name does not match the bank account name, per Etsy help for sellers in India. Enrol as an individual for an account in your own name, or as a business with sole proprietorship for a trade name account.
• Post and courier: An older DGFT e-commerce handbook says postal exporters register with the Department of Posts using their IEC, GSTIN and AD code, and file a Postal Bill of Export. From 1 April 2026, CBIC removed the ₹10 lakh cap per courier export consignment, per a PIB release. See ecommerce export rules.
• Digital items: Etsy lets Indian shops sell digital items to buyers anywhere except India, per Etsy help for sellers in India. Digital downloads are not shipped goods, so ask the AD bank how to report them and which purpose code applies.

Etsy sellers in India who ship goods abroad need an IEC, an AD code registered with Customs, an EDF for each export and payment matched to the shipping bill in EDPMS. Under the FEMA (Export and Import of Goods and Services) Regulations, 2026, the EDF is deemed part of the shipping bill at EDI ports.

• IEC: Para 2.05 of Foreign Trade Policy 2023, Chapter 2 says no export of goods can be made without an Importer-Exporter Code unless exempted. The IEC is the same as the PAN, is issued online by DGFT and must be updated every year between April and June. See how to apply for an IEC.
• AD code: Customs links each shipping bill to the exporter's AD bank through the AD code. The ICEGATE FAQs say the AD code is registered online from the user profile on ICEGATE, and approval can take 7 to 10 working days while pending with Customs. See AD code registration.
• Shipping bill and EDF: Regulation 3(1) requires a goods exporter to declare the full export value in the EDF at the time of export. At an EDI port the EDF is deemed part of the shipping bill. At a non-EDI port, the specified authority forwards the authenticated EDF to the AD bank. See EDF form for exports.
• EDPMS: Regulation 4(2) requires the AD bank to close or update the EDPMS entry when it credits the export receipt. Shipping bills up to ₹10 lakh may be closed on the exporter's declaration, one by one or quarterly in bulk. See checking outstanding shipping bills.
• eBRC: DGFT's eBRC system receives inward remittance messages directly from banks, and exporters self-certify eBRCs against them. The DGFT eBRC FAQs say the exporter registers on the DGFT website, links the IEC and generates the eBRC from the Services menu. See eBRC on DGFT.
• FIRA and purpose code: FIRA is not a term defined in RBI regulations; banks issue an inward remittance certificate or advice on request. Goods receipts use Group 01 of the RBI purpose code list, where P0102 is "Realisation of export bills (in respect of goods) sent on collection (full invoice value)". Ask the AD bank which code it applies to Etsy payouts. See purpose code for export of goods.
• Realisation: Regulation 5 requires the full export value of goods to be realised within nine months from the date of shipment, or twelve months if invoiced or settled in INR, under the 22 September 2026 amendment. These rules replaced the earlier Master Direction from 1 October 2026, per A.P. (DIR Series) Circular No. 20. See export realisation period.

Etsy sales shipped abroad from India are a zero-rated supply for GST, and profit is taxed as business income. Under IGST Act section 16, sellers can export under an LUT without paying IGST. Etsy collects 0.5 percent TCS and deducts 0.1 percent TDS, which sellers can claim as credit. Eligible sellers may use section 58.

• LUT route: File a Letter of Undertaking in Form GST RFD-11 before exporting to ship without paying IGST under CGST Rule 96A. Unused input tax credit can then be claimed as a refund. See LUT filing on the GST portal.
• GSTIN and TCS: Etsy requires an active and regular GSTIN and collects 0.5 percent Tax Collected at Source on transactions through Etsy Payments, per Etsy India tax help. Etsy reports it against the GSTIN, so the seller can claim credit. Etsy may suspend a shop whose GSTIN is not active. See GST registration for exporters.
• TDS: Etsy deducts TDS on all transactions at 0.1 percent when the seller provides a PAN or GSTIN, and may apply 5 percent if the PAN is missing or non-compliant, per Etsy India tax help. The PAN must be the one inside the GSTIN. See TDS on marketplace payouts.
• Section 58: The Income-tax Act, 2025 moves old section 44AD into section 58 from tax year 2026-27, per the Income Tax Department FAQ. For a resident individual, HUF or firm other than an LLP with turnover up to ₹2 crore, or ₹3 crore if cash receipts are within 5 percent, profit is taken as 6 percent of receipts through banking or online modes plus 8 percent of other receipts, or actual profit if higher. Old section 44AD applied up to tax year 2025-26.
• Unrealised exports: CGST Rule 96B requires an exporter of goods who got a GST refund to repay it with interest, to the extent sale proceeds are not realised within the FEMA period. The repayment is due within thirty days of that period ending. Keep Etsy order records that link each refund claim to a payout.

Rules and rails are linked to official sources below with the dates they were checked. Platform figures come from each platform's own pages, checked on 30 Sept 2026 or later, and RBI authorisation was checked against RBI's published list. Rates are XE live mid-market rates, dated 3 Nov 2026. The method is on the methodology page.

1. Etsy Help: How to Accept Payments as a Seller in India, New shops in India can only sell internationally; one-time $10 USD set-up fee; valid and regular GSTIN required, shop suspended and deposits withheld without one; payment processing fee 5% + 25 INR; no domestic sales; Etsy deposits only in USD to the linked payment account each Monday at 11:30am ET (9pm in India), converted to local currency on payout and subject to withdrawal and conversion fees; digital items can be bought in any region except India; legal name must match bank account name (checked 8 Oct 2026)
2. Etsy Help: What Does Etsy Withhold and Remit to Indian Tax Authorities?, 0.5% TCS on transactions through Etsy Payments; TDS 0.1% with PAN or GSTIN, up to 5% where PAN is non-compliant or not provided; active and regular GSTIN required; PAN must be contained within the GSTIN; credit available in seller's tax account (checked 8 Oct 2026)
3. Etsy Help: What is a Regulatory Operating Fee?, India 0.05%, charged on item price plus shipping cost and gift wrap (checked 8 Oct 2026)
4. Etsy Help: What are the Fees and Taxes for Selling on Etsy?, Listing fee $0.20 per listing; transaction fee 6.5% of the total order amount in the listing currency; sale-based fees include transaction, payment processing and regulatory operating fees (checked 8 Oct 2026)
5. Etsy Help: Currency Conversion Fees, If the shop's listing currency differs from the Payment account currency, a 2.5% currency conversion fee is charged on the sale amount (checked 8 Oct 2026)
6. Etsy Help: What is Etsy Payments?, Buyers can pay with credit cards, debit/bank cards, Etsy gift cards and Etsy credits, Apple Pay, Google Pay and other listed options (checked 8 Oct 2026)
7. Etsy Help: Why Hasn't My Money Been Deposited Yet?, New sellers' funds generally eligible for deposit 14 days after a sale; established shops may be next business day; sellers required to use the linked payment account receive deposits only on Mondays; rolling reserves (checked 8 Oct 2026)
8. Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, Notification No. FEMA 23(R)/2026-RB (amended up to 22 September 2026), Reg 3(1) EDF at the time of export, deemed part of shipping bill at EDI port; Reg 3(3) non-EDI port EDF forwarded to AD; Reg 4(2) EDPMS closure, declaration for shipping bills up to ₹10 lakh, quarterly bulk declaration; Reg 5(1) nine months from date of shipment, twelve months if invoiced or settled in INR, AD may extend (checked 8 Oct 2026)
9. Foreign Exchange Management (Export and Import of Goods and Services) (Amendment) Regulations, 2026 (22 September 2026), Regulation 5(1): 'fifteen months' replaced by 'nine months'; 'eighteen months' replaced by 'twelve months' (checked 8 Oct 2026)
10. RBI A.P. (DIR Series) Circular No. 20 (16 January 2026), Supersedes the Master Directions on Export and on Import of Goods and Services from 1 October 2026 (checked 8 Oct 2026)
11. RBI circular: Guidelines to facilitate faster cross-border inward payments (9 April 2026), Credit inward payments received during forex market hours within the same business day; effective six months from the circular date (checked 8 Oct 2026)
12. RBI Master Direction on Regulation of Payment Aggregator (PA), Specific directions for PA-CB: in respect of inward or outward transactions processed by a PA-CB, the maximum value per transaction shall be ₹25 lakh (checked 8 Oct 2026)
13. RBI Master Direction - Deposits and Accounts, EEFC account: foreign exchange earnings may be credited (checked 8 Oct 2026)
14. RBI A.P. (DIR Series) Circular No. 84: Purpose codes for reporting under FETERS (29 February 2012), annex, Group 01 Exports (of Goods): P0102 "Realisation of export bills (in respect of goods) sent on collection (full invoice value)" (checked 8 Oct 2026)
15. DGFT, Foreign Trade Policy 2023, Chapter 2, Para 2.05: IEC same as PAN, issued online; no export of goods without an IEC unless exempted; update every year during April-June (checked 8 Oct 2026)
16. ICEGATE FAQs, Online registration of AD Code from user profile on ICEGATE; 'custom pending' approval 7-10 working days (checked 8 Oct 2026)
17. DGFT eBRC page, eBRC based on electronic inward remittance messages transmitted by banks to DGFT; exporters self-certify eBRCs (checked 8 Oct 2026)
18. DGFT FAQs on Self-Generation of eBRC, Register on DGFT website, link IEC, Services >> eBRC >> Generating eBRC (checked 8 Oct 2026)
19. DGFT: E-Commerce Exports Handbook for MSMEs, Exports through the postal route: register with the Department of Posts with IEC, GSTIN and AD code; Postal Bill of Export PBE III for e-commerce exports (older handbook) (checked 8 Oct 2026)
20. PIB: CBIC operationalises reforms for e-commerce exports and courier trade from April 1, 2026, ₹10 lakh value limit for commercial export consignments through courier mode removed from 1 April 2026 (checked 8 Oct 2026)
21. IGST Act, 2017, section 16 (CBIC), Export of goods is a zero rated supply; export under bond or LUT without payment of IGST with refund of unutilised ITC (checked 8 Oct 2026)
22. CGST Rules, 2017, Rule 96A (CBIC), Bond or Letter of Undertaking in Form GST RFD-11 prior to export (checked 8 Oct 2026)
23. CGST Rules, 2017, Rule 96B (CBIC), Refund on export of goods to be deposited with interest within thirty days of expiry of the FEMA period to the extent of non-realisation (checked 8 Oct 2026)
24. Income Tax Department: Objective and scope of the new Act (Income-tax Act, 2025), 1961 Act repealed on 01.04.2026; presumptive schemes in sections 44AD, 44ADA and 44AE consolidated into section 58 (checked 8 Oct 2026)
25. The Income-tax Act, 2025 (No. 30 of 2025), Gazette of India, Section 58: eligible assessee is a resident individual, HUF or firm other than LLP; turnover up to ₹2 crore, or ₹3 crore where cash receipts do not exceed 5%; 6% of receipts by specified banking or online mode plus 8% of other receipts, or actual profit if higher (checked 8 Oct 2026)
26. Kotak Everyday Savings Account fees and charges, Foreign Inward Remittance certificate (Branch Request) INR 100/Request; GST on Foreign Currency Conversion; fees exclusive of GST (checked 6 Oct 2026)
27. HDFC Bank: Remittance Services Fees & Charges, Inward Remittance Charge: No Charge; FIRC Charge for Inward Remittance & FCY Cheque Collection INR 200 per FIRC; GST slabs on amount of currency exchanged (checked 6 Oct 2026)
28. Wise India: Fees for receiving money (Business), Conversion fee depends on the currency; eFIRC for every transfer; GST 18% of (conversion fee + eFIRC fee); calculator (checked 6 Oct 2026)
29. Razorpay MoneySaver Export Account (International Bank Transfers) pricing, Standard Plan: 0% FX markup, 1% fee, FlashLinks 2%, GST applicable, flat fee of INR 1,000 on transactions below INR 1,00,000, setup and AMC INR 0 (checked 6 Oct 2026)
30. Skydo homepage (pricing and fee calculator), Know what you pay; calculator showing GST 18% of transaction fee (checked 6 Oct 2026)
31. Stripe India pricing, International cards with USD/other currency presentment 4.3% + 2% if currency conversion is required; Mastercard and Visa cards issued outside India 3% + 2%; American Express outside India 3.5% + 2%; dispute received INR 1,000.00 (checked 7 Oct 2026)
32. PayPal India Merchant Fees, Receiving international transactions; Currency Conversions (3.0% converting balance and payments received; 4.00% all other cases); Withdrawals Out of PayPal; Dispute Fees; Other Fees (Last Updated 28 March 2024) (checked 6 Oct 2026)
33. Airwallex Help: Eligible Countries and Territories, INDIA IN - AWX Legal Entity SINGAPORE (checked 7 Oct 2026)