GSTR-1 (IFF)

Invoice furnishing facility is a feature that you can use to pay GST during the first and second month of a quarter. However, it is not mandatory that you have to pay IFF in the second month of a quarter as well on using IFF in its first month. 

If you use IFF GST for a month, you do not have to re-upload the same information while filing GSTR-1 at the end of the quarter. Instead, the information gets automatically reflected in the GSTR-2A and 2B forms, saving your time and minimising the chances of errors. 

An IFF also improves business relationships significantly. This is so because the small taxpayers and buyers of these small taxpayers will not have to wait till the end of a quarter for ITC claims. This can ensure a continuous inflow of funds that can escalate a business to the next level.