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QRMP payment by challan for nil rated business reg.

22 February 2021

I have business of supplying nil rated items and no tax liability. Today I received message of make due tax payment by challan as a QRMP taxpayer.
What shoul I do ??

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2 Replies

CA Rashmi Gandhi (Chartered Accountant) (86285 Points)
Replied 22 February 2021

No need to pay tax as there is no tax liability.

Messages are only reminder for all persons opting QRMP scheme, not compulsion to pay tax.

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Bhavika Kothari (CA) (1258 Points)
Replied 28 February 2021

If your turnover is less than 5 crore then QRMP scheme is applicable to you from 1st Jan. An option was given to all taxpayers with turnover less than 5 crores to select GSTR-1 and GSTR-3B monthly filing. If you have not selected it then GSTR-3B will be quarterly for you. If you want to change this then you can do this at the end of this quarter. In the current month you need to pay tax by filing PMT-06 under QRMP Scheme