GSTR Filing Due Date: The GST taxpayers must note that there are some important updates for them. GST taxpayers, who opted for the Quarterly Return Monthly Payment Scheme (QRMP) scheme, must note that today, December 13, 2021 is the last date for uploading the B2B invoices for November 2021.

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The Central Board of Indirect Taxes and Customs (CBIC) has tweeted from its official Twitter handle reminding about the deadline today. The tweet said, "Attention GST Taxpayers who are under QRMP Scheme! Enjoy the convenience of Invoice Furnishing Facility (IFF) to enable the flow of ITC to the recipients by uploading B2B invoices for November 2021."

 

What is QRMP scheme?

It has to be noted that in the 42nd meeting of the GST Council on October 5, 2020, in order to further ease the process of doing business, it was recommended that the registered person having aggregate turnover up to Rs 5 crore may be allowed to furnish return on a quarterly basis along with monthly payment of tax, with effect from January 1, 2021. This scheme is known as the QRMP scheme.

How to use the IFF facility?

The GST taxpayers who have availed the QRMP scheme will be able to enjoy the full convenience of the Invoice Furnishing Facility (IFF).

It must be noted that IFF is a facility provided to quarterly taxpayers who have availed QRMP scheme, to file their details of outward supplies in first two months of the quarter (M1 and M2), to pass on the credit to their recipients. IFF consists of the following Tables of FORM GSTR-1:

a. 4A, 4B, 4C, 6B, 6C – B2B Invoices

b. 9B – Credit/ Debit Notes (Registered)

c. 9A – Amended B2B Invoices

d. 9C – Amended Credit/ Debit Notes (Registered)

IFF is an optional facility provided to quarterly taxpayers only. 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.

In order to view the IFF form for M1 and M2 of any month, one has to login to the GST portal using the valid credentials and navigate to Returns > Services > Returns Dashboard.

The File Returns page will be displayed. Now, one has to select the Financial Year and Return Filing Period (Any of first two months of the quarter) for which one wants to file the return from the drop-down list and click the SEARCH button. The pending IFF forms for M1 and M2 will get displayed.

In case of any query and further details, one has to login to the official GST website at gst.gov.in.