GSTN Advisory on filing GSTR-1 for quarter Jan-Mar 2021 under QRMP Scheme
Functionality to move saved invoices from unfiled IFF to GSTR-1 to be introduced shortly.
The taxpayers under QRMP scheme have a facility to file Invoice Furnishing Facility (IFF) in first two months of the quarter and file Form GSTR-1 in third month of the quarter.
As IFF is an optional facility it cannot be filed after the end date (13th of the month succeeding the IFF period). The document saved in IFF, where taxpayer has not filed by the end date, cannot be filed anymore. Hence taxpayers are requested to declare such document in the GSTR-1 for the quarter. Hence, before filing of GSTR-1 for Jan-Mar-2021 quarter, the taxpayer must ensure that:
1. Any saved but not Filed/Submitted IFF records for the first two months of the quarter i.e. month of Jan-2021 or Feb-2021 must be deleted using RESET button before filing GSTR-1 for Jan-Mar-2021 quarter. The deleted records should be added in GSTR-1 for Jan-Mar-2021 quarter after deleting the saved records from IFF.
In future this may not be required, as invoices already saved in any of the months on the quarter may be either deleted/moved to quarterly GSTR-1 by a functionality to be introduced shortly.
2. Any submitted but not filed IFF for the month of Jan-2021 or Feb-2021 must be filed before filing GSTR-1 for Jan-Mar-2021 quarter.
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GSTN Advisory
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Thanks for sharing the GSTN advisory, Pankaj! This is a very useful clarification for taxpayers under the QRMP scheme, especially for those managing invoice data between IFF and GSTR-1.
Just to summarize for anyone reading:
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IFF (Invoice Furnishing Facility) is optional and can only be filed up to the 13th of the month following the IFF period (e.g., for January, until 13th February).
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If invoices are saved but not filed in IFF by that deadline, those records cannot be filed via IFF anymore.
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Such saved-but-unfiled invoices must be deleted from IFF using the RESET button before filing GSTR-1 for the quarter.
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After deleting from IFF, those invoices must be reported in the quarterly GSTR-1 return.
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Any submitted-but-not-filed IFF invoices must be filed before filing GSTR-1 for that quarter.
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GSTN is expected to introduce a functionality allowing moving invoices from unfiled IFF to quarterly GSTR-1, which will make this process smoother going forward.
If you or anyone else needs help navigating this, I can assist in detailing the step-by-step process for deleting/resetting IFF records or preparing quarterly GSTR-1 accordingly.
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