Gst payment under QRMP

hi all. ,

under QRMP option, during the first 2 months, whether gst should be self assessed and paid even if ITC is available and is more than gst payable.

pls clarify.thanks

Replies (2)
Quick Summary
This discussion clarifies GST payment procedures for businesses opting for the QRMP (Quarterly Return Monthly Payment) scheme. It addresses whether GST needs to be self-assessed and paid during the first two months of a quarter, even if Input Tax Credit (ITC) is available. The consensus is that payment should be made on a netting basis, meaning GST is paid after accounting for available ITC, typically at the time of filing GSTR-3B at the end of the quarter.

No, it should be paid only on netting basis.

SO  what u mean is gst can be paid at the time of filing gstr3b after the end of quarter, iam i right.

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