Quick Summary
The Quarterly Return and Monthly Payment Scheme (QRMP Scheme) has been a welcome gift to the small and medium level GST registered taxpayers. Know all about the QRMP Scheme, in this poster released by GSTN on their official Twitter handle: Quarterly Return Monthly Payment (QRMP) scheme launched.
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FAQ :
The QRMP Scheme stands for Quarterly Return Monthly Payment Scheme, allowing eligible GST registered taxpayers to file their GSTR-1 and GSTR-3B returns quarterly.
The QRMP Scheme is available for small and medium-level GST registered taxpayers with an annual turnover of up to Rs. 5 crore.
Under the QRMP Scheme, taxpayers have the option to file their GSTR-1 and GSTR-3B returns on a quarterly basis.
The QRMP Scheme was announced via a poster released by GSTN on their official Twitter handle.
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