QRMP scheme: quarterly GSTR-3B filing with monthly tax payment options and invoice furnishing facility.
The QRMP scheme allows eligible taxpayers (aggregate taxable turnover up to Rs. 5 crore) to file GSTR-3B quarterly while making monthly GST payments. Opt-in is available GSTIN-wise via the GST portal within a prescribed window and remains valid for subsequent quarters. Monthly payments are made by challan by the 25th of the succeeding month: in the first two months taxpayers may pay self-assessed tax or a prescribed percentage of the last quarter's net cash liability, and in the third month pay self-assessed tax or the balance. IFF enables furnishing outward supplies for the first two months between the 1st and 13th of the succeeding month. (AI Summary)

GSTR-9 annual return and GSTR-9C reconciliation obligations clarified, with thresholds and table-level optionality specified.
GSTR-9 is the annual return and GSTR-9C the reconciliation between the annual return and audited financial statements. For the financial year, existing statutory provisions remain operative until amendments are notified; administrative notifications previously adjusted filing thresholds making GSTR-9 optional for smaller taxpayers and raising the audit threshold for GSTR-9C. The article sets out a three-band applicability matrix (optional, mandatory, mandatory for increasing turnover bands) and details table-level mandatory and optional disclosures, including consolidated reporting options and specific reconciliation tables in GSTR-9C required to align turnover, taxable supplies, tax paid and ITC with audited accounts. (AI Summary)