https://www.taxtmi.com/news?id=23679 Under the QRMP scheme taxpayers may use the Fixed Sum Method-portal-generated pre-filled Form GST PMT-06 challans based on prior filings-or the Self-Assessment Method, paying tax on actual supplies after input tax credit. The Fixed Sum Method's auto-generated 35% Challan is computed from prior electronic cash-ledger tax payments according to whether preceding returns were quarterly or monthly. A transitional rule applied for Jan-Feb 2021 using the December 2020 cash-ledger amount; from April 2021 the periodic calculation resumes. No deposit is required for the first two months if ledger balances suffice or there is nil liability. en-us Thu, 04 Feb 2021 11:04:56 +0530 Thu, 04 Feb 2021 11:04:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23679 Under the QRMP scheme taxpayers may use the Fixed Sum Method-portal-generated pre-filled Form GST PMT-06 challans based on prior filings-or the Self-Assessment Method, paying tax on actual supplies after input tax credit. The Fixed Sum Method's auto-generated 35% Challan is computed from prior electronic cash-ledger tax payments according to whether preceding returns were quarterly or monthly. A transitional rule applied for Jan-Feb 2021 using the December 2020 cash-ledger amount; from April 2021 the periodic calculation resumes. No deposit is required for the first two months if ledger balances suffice or there is nil liability. News - Thu, 04 Feb 2021 11:04:56 +0530 https://www.taxtmi.com/news?id=23679