After QRMP scheme , many taxpayers are unhappy with the same. What do you think? Should QRMP be adopted or not ?
4 Replies
CA Altamush Zafar
(GST Consultant)
(15986 Points)
Replied 06 March 2021
QRMP better for those having mostly nil returns. Monthly filing best due to uniformity
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 06 March 2021
I think QRMP is little bit confusing factor for clients
Kishor Lulla
(1011 Points)
Replied 07 March 2021
Actually it is best. you are rescued from monthly gstr1 and gstr3b. 35% system and uploading invoices is easy, get more days and no penalty
Divyam Agarwal
(Practicing Chartered Accountant)
(959 Points)
Replied 07 March 2021
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.
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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