Uploading Invoices in IFF? Please take care of Limit of Rs 50 Lakh

Uploading Invoices in IFF? Please take care of Limit of Rs 50 Lakh

Uploading Invoices in IFF? Please take care of the Limit of Rs 50 Lakh As the due date of uploading Invoices in the Invoice furnishing Facility [IFF]…

authorPratibha GoyaldateMar 10, 2021
Last update on Mar 10, 2021
Uploading Invoices in IFF? Please take care of the Limit of Rs 50 Lakh As the due date of uploading Invoices in the Invoice furnishing Facility [IFF] for those who opted for the Quarterly Return & Monthly Payment [QRMP] Scheme is coming near, many are getting the below-mentioned error: Error Code: RET192410 As per Rule 59(2) of CGST Rules 2017, the cumulative value of all records reported in the IFF should be within Rs. 50 Lak. You are requested to remove the few records from the IFF and report them in subsequent IFF or GSTR-1 and then try filling again. What to do in this case? The resolution to Error Code RET192410 is that:
  • You need to remove some of the invoices so that the Cumulative Value of Invoices is up to Rs 50 Lakh.
  • The removed invoices can be shown in the next GSTR-1 or IFF.
What is the due date for Uploading Invoices in IFF? The due date of uploading Invoices in the Invoice furnishing Facility [IFF] is the 13th of next month. Is 50 Lakh a Taxable value or Invoice Value? 50 Lakh a Taxable value

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