QRMP & Monthly return filing system

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The QRMP (Quarterly Return Monthly Payment) scheme allows businesses to file GSTR 3B quarterly instead of monthly, simplifying tax compliance. While you still need to calculate and pay your tax liability each month, the actual filing of GSTR 3B is deferred to the end of the quarter. The Invoice Furnishing Facility (IFF) under QRMP is only for B2B supplies, meaning B2C transactions can be detailed in the quarterly GSTR 1 filing.

bedanta bikash baruah

bedanta bikash baruah (Querist)
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23 June 2022 What is the advantage of choosing QRMP over monthly return filling ?
QRMP seems to be almost same, but complicated.

CA Puja Sharma

CA Puja Sharma (Expert)
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23 June 2022 Under QRMP you do not have to file the GSTR 3B every month.
Make a calculation of tax liability every month and pay it via challan. After the end of the quarter file the GSTR 3B.
Further, under QRMP if you have made an outward supply to an unregistered person, then you are not required to use IFF every month because it is only for B2B invoices. You can give the details of all B2C invoices at the end of the quarter and file GSTR 1

bedanta bikash baruah

bedanta bikash baruah (Querist)
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23 June 2022 Thank you so much for the reply. If one is doing only B2C , does not he require to file anything monthly giving outward details and giving the entire quarter sale in one GSTR1 ?

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