Quarterly Returns with Monthly Payment Scheme

FAQ Quarterly Returns monthly payment scheme

Frequently asked questions on QRMP scheme

Q 1: What is QRMP scheme? What are its benefit? A: Quarterly Return, Monthly Payment of Taxes (QRMP) Scheme is a scheme to simplify compliance for small taxpayers. Under this scheme, taxpayers having an aggregate turnover at PAN level up to Rs. 5 crore can opt for quarterly GSTR-1 and GSTR-3B filing. Payment can be …

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GST Updates

Eligibility and Opting for the scheme for Quarterly Returns with Monthly Payment Scheme

What is “Quarterly Returns with Monthly Payment (QRMP)” Scheme? Answer: QRMP scheme is for small taxpayers to file their FORM GSTR1 and FORM GSTR-3B returns on quarterly basis while paying their tax dues monthly through a simple challan. Is this scheme available to everyone? Answer: No. This scheme is available only to those who are liable …

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