QRMP - IFF | IFF file kese kare | Invoice Furnishing Facility | file iff with tally erp 9

Invoice Furnishing Facility (IFF) allows small taxpayers to upload their invoices every month. The Central Board of Indirect Taxes & Customs (CBIC) had notified the Invoice Furnishing Facility on 10.11.2020 via notification number 82 /2020-Central Tax

The article covers the following:

What is the Invoice Furnishing Facility?
Who can use the Invoice Furnishing Facility?
What is the purpose of the Invoice Furnishing Facility?
What details are to be submitted in the Invoice Furnishing Facility?
How to use the Invoice Furnishing Facility?
Advantages of using the Invoice Furnishing Facility

The IFF can be utilised only for the first two months of a quarter.
The invoices relating to the last month of a quarter are to be uploaded in the GSTR-1 return only.
There is no requirement to upload invoices in GSTR-1 if the same has been uploaded in the IFF.
The total value of invoices that can be uploaded is restricted to Rs.50 lakh per month.
The details submitted in IFF will be reflected in the GSTR-2A, GSTR-2B, GSTR-4A or GSTR-6A of the recipients as the case may be.
The Invoice Furnishing Facility will come into effect from 01.01.2021

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