Sai Lakshmi Govindu

Feb 12, 20211 min

Goods and Services Tax Quarterly Return, Monthly Payment of Taxes (QRMP) Scheme

Welcome to GJR Tax Consultancy Services, Vijayawada.

Goods and Services Tax Quarterly Return, Monthly Payment of Taxes (QRMP) Scheme is a scheme to simplify compliance for small taxpayers. Under this notification, GST Payers having total sales at PAN level up to Rs.5 Crores can choose for Quarterly filing of GSTR-1 and GSTR-3B forms. Tax challan payment can be done in the first two months by a simple challan in FORM No. GST PMT-06. For the convenience of GST Payers, GST Portal has assigned Quarterly filing frequency to small taxpayers

automatically based on turnover.

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