There is a rule for paying 1% on liability in gstr3b when turnover crosses 50 lacs in a month..
My question is, in QRMP we have to file quarterly return.if suppose in 3 month aggregate turnover crosses 50 lacs but not monthly then still we have pay 1% on liability or not??
Or if such a rule is applicable on QRMP or not?
Pls. Reply
Thank u
Thank for reply
Does that mean that if any individual month crosses 50 lacs then in QRMP the rule will apply?
Yes Rule 86B will applies if individual month turnover exceeds 50 lakhs per month even under QRMP Scheme.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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