QRMP Scheme: Everything to know under GST

By |2021-04-09T01:31:28-05:30April 9th, 2021|Categories: GST|Tags: , , , , , , , , , |

Under the Goods and Services Tax (GST), the Central Board of Indirect Taxes and Customs (CBIC) implemented the Quarterly Return Filing and Monthly Payment of Taxes (QRMP) scheme to assist small taxpayers with a turnover of less than Rs.5 crores. The QRMP scheme requires taxpayers to file GSTR-3B quarterly and pay tax on a monthly basis. [...]