QRMP SCHEM

Summary of Key Compliance Points

• No "Nil" Return: You do not file a "Nil" return for the first two months.

• Payment Requirement: Payment (using Form PMT-06) is only required if you have a net tax liability after adjusting your Input Tax Credit.

• Optional Facility: You may use the Invoice Furnishing Facility (IFF) if you need to upload B2B invoices in the first two months to help your recipients claim input tax credit, but this is entirely optional and not a "return."

• Final Settlement: Your actual tax position, including any claims for refunds or adjustment of taxes paid, is finalized when you file the GSTR-3B for the third month of the quarter.