Filing nil return in QRMP scheme

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7 Points Posted on 21 February 2021
How do we file nil return in QRMP scheme or is it necessary?
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On 21 February 2021 at 16:49 Report
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Quick Summary
If you're operating under the QRMP scheme and have no sales or purchases in a given month, you do not need to file a nil return monthly. Instead, you can file your GSTR-3B return at the end of each quarter. For Reverse Charge Mechanism (RCM) Input Tax Credit (ITC), you can make the RCM payment quarterly and claim the ITC in the last month of the quarter.

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GST Consultant
15986 Points Posted on 21 February 2021
Nothing to do in this month if you have no sale and purchase.
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On 21 February 2021 at 16:52
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7 Points Posted on 21 February 2021
How do we take RCM ITC credit in QRMP scheme?
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On 21 February 2021 at 16:53
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GST Consultant
15986 Points Posted on 21 February 2021

Only make rcm payment

Take itc quarterly

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On 21 February 2021 at 17:31
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7 Points Posted on 25 February 2021
Ok it means in last month of every quarter we will deduct this payment and pay remaining amount?
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On 25 February 2021 at 21:41
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CA
1258 Points Posted on 28 February 2021

No need to file nil return in QRMP scheme every month. File GSTR-3B at the end of the quarter

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On 28 February 2021 at 17:03

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