IFF in GST (Invoice Furnishing Facility) for Quarterly Filers

CA Poonam Gandhi

Updated on February 19th, 2024

There are many GST invoice rules under CGST ACT. for example IFF in GST. IFF full form in GST is Invoice Furnishing Facility . IFF enables the small registered person, furnishing the quarterly Form GSTR-1, to file their invoice details on monthly basis.

Notably, ‘Invoice Furnishing Facility’ is made effective from 1^st January 2021. The present article briefly explains the same.

What is IFF in GST? Invoice Furnishing Facility

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The Central Goods and Services Tax (Thirteenth Amendment) Rules, 2020 introduced the new concept of ‘Invoice Furnishing Facility’ under GST [Notification no. 82/2020- Central Tax dated 10th November 2020].

The amendment to rule 59 of the Central Goods and Services Tax Rules governs the ‘Invoice Furnishing Facility’. It means as under-

The Invoice Furnishing Facility is for the registered person filing Form GSTR-1 on a quarterly basis.

Such registered person can furnish details of outward supplies of goods or services, for the first two months of a respective quarter, using Invoice Furnishing Facility (i.e., IFF).

Such details should be furnished within a period of thirteen days of the succeeding month.

The registered person can furnish details up to the maximum cumulative value of INR 50 Lakhs in each month under IFF.

Notably, the registered person should not re-furnish the details already furnish under IFF while filing Form GSTR-1 for the respective quarter.

Steps to furnish details via IFF in GST

How to file IFF in GST? It is important to note here that the furnishing of details via IFF is optional. However, the registered person willing to furnish the details need to follow the below steps-

Step-1

Visit site GST website.

Step-2

Click on ‘Login’ on the right-hand side

Step-3

Enter correct ‘Username’, ‘Password’ and characters shown in the image

Step-4

Click ‘LOGIN’.

Step-5

Navigate the path Services > Returns > Returns Dashboard.

Step-6

Select the relevant ‘Financial Year’ and ‘Period’ from the drop-down list.

Step-7

Click ‘SEARCH’.

By following the above steps, online and offline option for preparation of ‘Outward supplies under GST’ via Invoice Furnishing Facility will be available.

Understand 5 thumb rule for invoice furnishing facility

IFF in GST: Details to be provided

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Following the above-mentioned steps, one can sight the ‘Invoice Furnishing Facility’ tables via which details needs to be furnished.

Below table briefly explains the tables available and details (GST invoice details) to be furnished under IFF-

Tables	Details to be furnished
4A, 4B, 4C, 6B and 6C – B2B Invoices	Details relating to B2B transactions i.e., goods/ services/ both supplied to a registered taxable person.
9B – Credit Notes/ Debit Notes (Registered)	Details covering credit notes and/ or debit notes issued to a registered taxable person.
9A – Amended B2B Invoices	Amendment in details relating to B2B supplies furnished in earlier period return.
GSTR9C – Amended Credit Notes/ Debit Notes (Registered)	Amendment in details relating to credit/ debit notes (issued to registered taxable person) furnished in earlier period return.

Furnishing of details via IFF is optional. The registered person has the following two options

Option	Filing requirement
Opting to file details via IFF	1. First month of the quarter - furnish B2B invoice details via IFF, 2. Second month of the quarter – furnish B2B invoice details via IFF, and 3. Third month of the quarter – furnish details of the third month and any pending details of first/ second month via Form GSTR-1.
Not opting to file details via IFF	Quarterly filing of GSTR 1 Form

Suppose the registered person has opted for IFF and the tax period is quarter January 2021 to March 2021. Such registered person should keep following in mind-

Period	Filing particulars
January-2021	Details of outward supplies (B2B) to be furnished via IFF within 13^th February-2021
February-2021	Details of outward supplies (B2B) to be furnished via IFF within 13^th March-2021
March-2021	Details of all the outward supplies to be furnished via Form GSTR-1 within 13^th April-2021

IFF filing facility is available in both online and offline mode.
In case any invoice is left while filing IFF, the same can be included while filing subsequent months IFF or while filing quarterly Form GSTR-1.
If the details are not furnished within 13 days of the subsequent month, IFF filing for the same will expire.
Details once furnished via IFF should not be furnished again while filing quarterly Form GSTR-1.
Details of outward supplies uploaded by the registered taxable person using IFF will be reflected in Form GSTR-2A/ Form GSTR2B of the recipient.

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Analyzing the advantages and disadvantages of opting for IFF in GST

As IFF filing is optional, it is important to understand the advantages and disadvantages of the same.

The biggest advantage of furnishing of B2B invoice details via IFF is that the buyer of the goods/ services can claim input tax credit every month.

Availability of faster input tax credit will eventually help the provider of goods/ services in increasing their business.

Some of the other notable advantages are

Monthly reconciliation of details/ data.
Reduction of invoice volume while GSTR-1 return filing.

Counting the disadvantage, the major one would be an increase in compliance cost due to filing of monthly details.

In nut-shell, opting for IFF would be beneficial for the registered person having a large volume of B2B transactions.

Whereas, the compliance cost of the registered person having a large volume of B2C transactions can get more against the available benefits.

Conclusion

‘Invoice Furnishing Facility’ is summarized in here under-

Available to	The registered person filing Form GSTR-1 on a quarterly basis.
IFF opted	File invoice details of B2B transactions for the first and second month via IFF. File Form GSTR-1 at the end of the quarter covering details of the third month and pending details of the first and second month.
IFF not opted	File Form GSTR-1 on a quarterly basis.
Filing date	13 days from the end of the respective month.
Beneficial for	Opting for IFF is beneficial to a registered person having more B2B transactions.

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CA Poonam Gandhi

About the author

Poonam Gandhi is a Chartered Accountant and a Lawyer, with practical experience of 9+ years in the field of Indirect Taxation.

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