https://www.taxtmi.com/article/detailed?id=9546 The Central Government has introduced the QRMP scheme allowing eligible registered persons to file GST returns quarterly while making monthly tax payments. Eligibility is based on aggregate turnover in the preceding financial year; crossing the threshold causes ineligibility from the next quarter. Opting requires timely filing of prior returns and migration via the common portal. Reporting uses quarterly GSTR-1 with a monthly Invoice Furnishing Facility for the first two months, and payments may be made via a Fixed Sum method or Self-Assessment using Form GST PMT-06, with specified rules on refunds, interest and late fees. en-us Fri, 13 Nov 2020 06:25:44 +0530 Fri, 13 Nov 2020 06:25:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9546 The Central Government has introduced the QRMP scheme allowing eligible registered persons to file GST returns quarterly while making monthly tax payments. Eligibility is based on aggregate turnover in the preceding financial year; crossing the threshold causes ineligibility from the next quarter. Opting requires timely filing of prior returns and migration via the common portal. Reporting uses quarterly GSTR-1 with a monthly Invoice Furnishing Facility for the first two months, and payments may be made via a Fixed Sum method or Self-Assessment using Form GST PMT-06, with specified rules on refunds, interest and late fees. Articles Goods and Services Tax - GST Fri, 13 Nov 2020 06:25:44 +0530 https://www.taxtmi.com/article/detailed?id=9546