Invoice Furnishing Facility requirement streamlines interim outward supply reporting and feeds an auto-drafted ITC statement for reconciliation. Registered persons must furnish outward supply details in FORM GSTR-1 monthly or quarterly via the common portal; quarterly filers may report first and second month supplies through the Invoice Furnishing Facility (IFF), and IFF-submitted details are excluded from the quarter's FORM GSTR-1. Supplier filings and import data will feed Parts A-D of FORM GSTR-2A, and a new auto-drafted monthly ITC statement, FORM GSTR-2B, will summarise ITC available and reversals for reconciliation in FORM GSTR-3B.
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Provisions expressly mentioned in the judgment/order text.
Invoice Furnishing Facility requirement streamlines interim outward supply reporting and feeds an auto-drafted ITC statement for reconciliation.
Registered persons must furnish outward supply details in FORM GSTR-1 monthly or quarterly via the common portal; quarterly filers may report first and second month supplies through the Invoice Furnishing Facility (IFF), and IFF-submitted details are excluded from the quarter's FORM GSTR-1. Supplier filings and import data will feed Parts A-D of FORM GSTR-2A, and a new auto-drafted monthly ITC statement, FORM GSTR-2B, will summarise ITC available and reversals for reconciliation in FORM GSTR-3B.
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