Question: As a business needing to file GST returns quarterly, I have opted for IFF (Invoice Furnishing Facility). How do I generate GSTR-1 that is compatible for IFF upload?

 

Answer:

What to do in first 2 months of the quarter?

After the end of the first and second months, upload B2B and CDNR tables under the IFF option on the portal.

·        Open GSTR-1 in Tally for the month, generate .csv files for B2B and CDNR.

·        Using the GST returns offline tool version 3.0 (Returns Offline Tool Version V3.0.0), select the option of quarterly filing and import the .csv files for B2B and CDNR.

·        Generate JSON from the tool and upload to the GST portal under the IFF option. Invoices are furnished for the first and second months.

 

What to do in third month of the quarter?

·        After the quarter is over, upload all tables except B2B and CDNR for the quarter, and B2B and CDNR tables for the last month of the quarter against GSTR-1 on the portal.

·        Open GSTR-1 for the last month of the quarter, generate .csv files, import only B2B and CDNR tables to offline tool, generate JSON and upload against GSTR-1.

·        Open GSTR-1 in Tally   for the quarter, generate .csv files, import all tables except B2B and CDNR to offline tool, generate JSON and upload against GSTR-1.GSTR-1 return is prepared for the quarter.

 

Period	Illustration
January-2021	Export .csv from GSTR-1 of January-21, upload only B2B & CDNR tables in the IFF window
February-2021	Export .csv from GSTR-1 of February-21, upload only B2B & CDNR tables in IFF window
March-2021	Export .csv from GSTR-1 of March-21, upload only B2B & CDNR tables in GSTR-1
JFM-2021	Export .csv from GSTR-1 for JFM-21, upload all sections other than B2B & CDNR in GSTR-1

 

Note: If any transactions were missed in the first or second months, you have to manually add it on the portal in the subsequent months either in IFF or in GSTR-1.

 

DISCLAIMER: The views expressed are as per Tally Help. The contents of this article are solely for informational purpose. It does not constitute professional advice or recommendation of firm. Neither the author nor firm and its affiliates accepts any liabilities for any loss or damage of any kind arising out of any information in this article nor for any actions taken in reliance thereon.