After QRMP scheme , many taxpayers are unhappy with the same. What do you think? Should QRMP be adopted or not ?
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Quick Summary
The QRMP (Quarterly Return Monthly Payment) scheme has sparked debate among taxpayers. While some find it beneficial, particularly for those with nil returns or facing liquidity issues, others find it confusing. The scheme offers relief from monthly GSTR1 and GSTR3B filings, but monthly filing may be simpler for businesses with fewer complexities.
It is beneficial mainly for the businesses suffering from liquidity crunch. If this is not the case, then one should go for monthly filing only, due to less complexities involved in the same.
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