https://www.taxtmi.com/circulars?id=67501 The circular implements the QRMP scheme allowing registered persons with aggregate turnover up to five crore rupees to file quarterly returns while making monthly tax payments. Eligibility is GSTIN-wise based on portal-calculated turnover; option windows, default migration criteria, and opt-out rules are set. Outward supplies are filed in quarterly GSTR-1 with an optional Invoice Furnishing Facility (IFF) for the first two months subject to a per-month value cap. Monthly tax deposits via Form GST PMT-06 are required by the 25th, using either a system fixed sum method or self-assessment; deposits offset quarterly liability and interest and late-fee rules are clarified. en-us Wed, 06 Jan 2021 00:00:00 +0530 Mon, 10 Jun 2024 18:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67501 The circular implements the QRMP scheme allowing registered persons with aggregate turnover up to five crore rupees to file quarterly returns while making monthly tax payments. Eligibility is GSTIN-wise based on portal-calculated turnover; option windows, default migration criteria, and opt-out rules are set. Outward supplies are filed in quarterly GSTR-1 with an optional Invoice Furnishing Facility (IFF) for the first two months subject to a per-month value cap. Monthly tax deposits via Form GST PMT-06 are required by the 25th, using either a system fixed sum method or self-assessment; deposits offset quarterly liability and interest and late-fee rules are clarified. Circulars GST - States Wed, 06 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67501