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GST FAQs
FAQ on GST QRMP Scheme
FAQ on GST QRMP Scheme
- What is QRMP scheme of filing GST returns?
- How do I pay output GST under QRMP scheme?
- Who is eligible for QRMP scheme of GST returns?
- Who can opt for QRMP scheme?
- How do I choose the option for QRMP scheme on the GST portal?
- When can I opt in or opt out of the QRMP scheme during a financial year?
- Can A GST practitioner opt in or opt out of the QRMP scheme?
- How can opt in and opt out in case multiple GSTN in different states (on same PAN)?
- How are existing taxpayers assigned to QRMP scheme?
- Do I need to opt for QRMP scheme after my GSTN was migrated for the quarter January to March 2021?
- Can a newly registered taxpayer opt for QRMP scheme?
- What is the challan for paying GST under QRMP scheme?
- What is the due date to pay challan under QRMP?
- How is the GSTR-2A and GSTR-2B populated under QRMP scheme?
- How to declare invoices under IFF under QRMP scheme?
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1) What is QRMP scheme of filing GST returns?
QRMP is a Quarterly Returns with Monthly Payment Scheme to enable eligible taxpayers to file their GSTR-1 and GSTR-3B returns on a quarterly basis.
2) How do I pay output GST under QRMP scheme?
Taxpayers opting for QRMP scheme should pay their tax dues on monthly basis.
3) Who is eligible for QRMP scheme of GST returns?
Taxpayers whose aggregate annual turnover is up to Rs 5 crore in the current financial year and in the preceding financial year and who filed their last due GSTR-3B return are eligible for QRMP scheme. For example, in case of a taxpayer whose annual aggregate turnover was up to Rs 5 crore in FY 2020-21 and who filed form GSTR-3B for April 2021, such taxpayer is eligible for QRMP scheme.
4) Who can opt for QRMP scheme?
The QRMP scheme is available only to taxpayers who need to file GSTR-1 and GSTR-3B. Below taxpayers can opt for QRMP scheme:
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- Registered taxpayer (normal taxpayer/ SEZ developer/ SEZ unit)
- Persons applying for fresh GST registration as a regular taxpayer
- Taxpayer who opts out of composition scheme
Note: In case the annual aggregate turnover exceeds Rs 5 crore, QRMP scheme is not available to above taxpayers.
5) How do I choose the option for QRMP scheme on the GST portal?
You can choose the option on the GST portal through your registered GST login under tab Services > Returns > Opt-in for Quarterly Return option to opt in or opt out of the QRMP scheme.
You can opt in or opt out of the QRMP scheme as per timeline mentioned below:
| Quarterly period | Quarter | Timeline for opt in opt out of QRMP scheme |
|---|---|---|
| April to June | Q1 | 1 February up to 30 April |
| July to September | Q2 | 1 May up to 31 July |
| October to December | Q3 | 1 August up to 31 October |
| January to March | Q4 | 1 November up to 31 January |
A GST practitioner cannot opt in or opt out of the QRMP scheme. A taxpayer registered as GST user should opt in or opt out of the QRMP scheme.
8) How can opt in and opt out in case multiple GSTN in different states (on same PAN)?
You may opt in for QRMP scheme for some GSTNs. You may opt out of the QRMP scheme for other GSTNs based on the same PAN.
9) How are existing taxpayers assigned to QRMP scheme?
In case of existing taxpayers whose aggregate annual turnover in the FY 2019-20 was up to Rs 5 crore and whose turnover did not exceed Rs 5 crore in the current financial year were assigned to QRMP scheme. Such taxpayers were assigned only if they furnished the monthly GSTR-3B for October 2020 by 30 November 2020.
Once your GSTN migrates to the QRMP scheme, you need not opt in again. The option selected will continue for the remaining quarters of the financial year. However, you may choose to opt out of the scheme if your turnover becomes more than Rs 5 crore.
11) Can a newly registered taxpayer opt for QRMP scheme?
A newly registered taxpayer having turnover up to Rs 5 crore can opt for the QRMP scheme:
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- For registration granted during the first month of a quarter, QRMP option applies from beginning of the quarter.
- For registrations granted during the second or third month of the quarter, QRMP option applies from the next quarter. Monthly returns are applicable for the second and/ third month.
The challan for paying GST under QRMP scheme is PMT-06.
The last date to pay GST challan under QRMP scheme is 25th of the following month.
GSTR-2A and GSTR-2B are populated on a monthly basis and also on quarterly basis. The taxpayer can use the monthly GSTR-2A and GSTR-2B to calculate the monthly GST payment under QRMP scheme.
Taxpayers can declare sales invoices under IFF on a monthly basis under QRMP scheme. IFF is optional under QRMP scheme, however the taxpayer should upload all sales invoices in the GSTR-1 filed in a quarter.