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Late fess for challan PMT 06 under self assessment basis

Rules 516 views 1 replies

Prakhar

BUSINESSMAN

153 Points Posted on 21 June 2025

under QRMP ,is it necessary to file PMT-06 (on self assessment basis ) challan every month ?

because as far as my information there is no late fees for filing it ,does it mean that for example for Quater April - June instead of filing PMT-06 challan every month I can file a single challan before 18th July before filing GSTR3B of quater and no late fees or penalty will be imposed on me?

Replies (1)

Rama chary Rachakonda

Master in Accounts & high court Advocate

9615 Points Posted on 23 June 2025

Under the QRMP (Quarterly Return Monthly Payment) scheme, you're required to make monthly payments towards tax liability using Form PMT-06.

While there's no late fee for delayed filing of PMT-06, interest might be applicable if tax payment is delayed. You can file a single PMT-06 challan before the due date for filing GSTR-3B for the quarter, which in your example would be before July 18th for the April-June quarter. However, ensure timely payment of taxes to avoid interest liability.

To clarify, interest calculation is based on the actual tax payment date, not the PMT-06 filing date. So, if you delay tax payment, interest might be applicable from the original due date.

It's recommended to consult a tax professional or chartered accountant for personalized guidance on QRMP and PMT-06 filings to ensure compliance and avoid potential issues.