Regarding rule 86B in qrmp return

The 1% liability rule under Rule 86B applies when the taxable supply in a single month exceeds ₹50 lakh.

This means that even if your quarterly turnover under the QRMP scheme crosses ₹50 lakh, but no individual month exceeds this threshold, the rule does not apply.

The rule specifically mandates cash payment of 1% of the output tax liability for businesses exceeding ₹50 lakh in a single month, irrespective of available input tax credit.

However, if your turnover does not cross ₹50 lakh in any individual month, you are not required to comply with this provision.

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.