sir iam getting a message while trying to file IFF returns. 'As per Rule 59(2) of CGST Rules, 2017, the cumulative value of all records reported in this IFF should be within ₹ 50 Lakh. You are requested to remove few records from this IFF and report them in subsequent IFF or GSTR-1 and then try filing again. How to rectify this type of error' so if i remove few invoices can i add to march month? Is there any ceiling for march month too!
IFF -GST Returns
VIGNESH
Understanding GST Error: IFF Returns Should Not Exceed 50 Lakh; Use GSTR-1 for Third Month Exceedances A user inquired about an error message received while filing Invoice Furnishing Facility (IFF) returns under the Goods and Services Tax (GST) system, which stated that the cumulative value of records should not exceed 50 lakh. Responses clarified that IFF is used only for the first two months of a quarter, and GSTR-1 should be used for the third month. If the invoice value exceeds 50 lakh, the excess should be reported in subsequent IFFs or in the quarterly GSTR-1. Users appreciated the shared knowledge and sought further guidance on handling similar issues. (AI Summary)