Invoice Furnishing Facility (IFF) is a facility provided to quarterly taxpayers who are in QRMP scheme, to file their details of outward supplies in the first two months of the quarter (M1 and M2), to pass on the credit to their recipients.
It may be noted that IFF is different from GSTR-1 in the sense that IFF is an optional facility provided to quarterly taxpayers only to file their B2B invoices, whereas such taxpayers need to mandatorily file its GSTR-1 viz Statement of outward supplies on a quarterly basis.
IFF also doesn’t include all the tables of GSTR-1 rather it includes that only the following B2B tables, in which you can fill details.
a. 4A, 4B, 4C, 6B, 6C – B2B Invoices
b. 9B – Credit / Debit Notes (Registered) – CDNR
c. 9A – Amended B2B Invoice – B2BA
d. 9C – Amended Credit/ Debit Notes (Registered) – CDNRA
IFF thus doesn’t cover tables 5,7,10 (B2C supplies), 6A (exports), 8 (Nil rated, exempted and non-GST outward supplies, 11 (Advances), 12 (HSN wise summary), 13( Document issued during tax period) of GSTR-1.
It may be noted that for M1 and M2 (first two months of the quarter), IFF is to be filed by the 13th of the succeeding month. The facility to Save/Submit details in IFF remains open till the 13th of the succeeding month and such details can be filed even after the 13th. The remaining outward supplies which remain to be filed can be reported in next month’s IFF or in the quarterly Form GSTR-1, as applicable.
It is important to note here that if IFF is not Submitted/Filed till the Due Date, the same will expire after the Due Date of the IFF and the quarterly taxpayers, who are in the QRMP scheme, cannot pass on the credit to their recipients for that month.
Late filing of GSTR-1 attracts a late fee, whereas there is no late fee applicable on late / non-filing of IFF, as IFF is neither mandatory nor allowed to be filed after the due date.
If IFF is in Submitted status, then filing of IFF is mandatory. In case, submitted IFF is not filed then the taxpayer cannot file their Form GSTR-1 for the quarter.
Also, the B2B Invoices reported in the Invoice Furnishing Facility (IFF), for the first and second months of a quarter, are not required to be entered again while preparing the Form GSTR-1 for the said quarter.
Also Read: FAQs on Invoice Furnishing Facility (IFF) under QRMP Scheme
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Frah Saeed is a law graduate specializing in the core field of indirect taxes and is the Co-founder of taxwallah.com. She has authored many publications on GST and is into full-time consultancy on GST to big corporates. She as a part of taxwallah.com heads a team comprising of Chartered Accountants and Advocates and plays a key role in our mission to disseminate GST knowledge to all.
