What is the main benefit of IFF for businesses?
Questions
Can IFF be used by composite taxpayers?
Can IFF be used for reporting reverse charge mechanism transactions?
What is the threshold limit for transactions under IFF?
Can invoices furnished under IFF be amended?
What is the purpose of introducing IFF in GST?
Is the IFF applicable to all types of transactions?
Can invoices once furnished under IFF be revised?
Who is responsible for furnishing invoices under IFF?
What is the penalty for late filing under IFF?