https://www.taxtmi.com/article/detailed?id=9595 The QRMP scheme allows eligible taxpayers with aggregate turnover up to five crore to file GSTR-3B quarterly while paying tax monthly for the first two months using FORM GST PMT-06. Monthly payments may follow the Fixed Sum Method (system-calculated fraction of prior-quarter cash tax or last-month tax where applicable) or the Self-Assessment Method (taxpayer-calculated net of ITC). Optional Invoice Furnishing Facility (IFF) enables limited monthly invoice reporting (1st-13th) for recipient ITC visibility. Deposits for the first two months are debited against the quarter's GSTR-3B, refunds allowed only after filing, and prescribed interest/late-fee rules apply for delayed payments or returns. en-us Wed, 23 Dec 2020 15:06:42 +0530 Wed, 23 Dec 2020 15:06:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9595 The QRMP scheme allows eligible taxpayers with aggregate turnover up to five crore to file GSTR-3B quarterly while paying tax monthly for the first two months using FORM GST PMT-06. Monthly payments may follow the Fixed Sum Method (system-calculated fraction of prior-quarter cash tax or last-month tax where applicable) or the Self-Assessment Method (taxpayer-calculated net of ITC). Optional Invoice Furnishing Facility (IFF) enables limited monthly invoice reporting (1st-13th) for recipient ITC visibility. Deposits for the first two months are debited against the quarter's GSTR-3B, refunds allowed only after filing, and prescribed interest/late-fee rules apply for delayed payments or returns. Articles Goods and Services Tax - GST Wed, 23 Dec 2020 15:06:42 +0530 https://www.taxtmi.com/article/detailed?id=9595