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Notifications CBIC

CBIC2020-10-10

QRMP Scheme — Quarterly Return Monthly Payment for Taxpayers with AATO ≤ ₹5 Crore

Notification No. 84/2020 — Central Tax

Quarterly Return Monthly Payment (QRMP) scheme allows taxpayers with AATO ≤ ₹5 Cr to file GSTR-1 and GSTR-3B quarterly, while paying monthly tax via a fixed-sum or self-assessment challan (PMT-06).
Issued
2020-10-10
Effective from
2021-01-01
Act
CGST Act 2017

What it says

Eligibility

Taxpayers with Annual Aggregate Turnover ≤ ₹5 crore in the preceding FY can opt into QRMP. Opt-in must be done via GSTN portal (tax.gov.in). Default: monthly filer if no opt-in.

Quarterly GSTR-1

GSTR-1 filed quarterly (due 13th of the month after quarter end): Q1 by 13 Jul, Q2 by 13 Oct, Q3 by 13 Jan, Q4 by 13 Apr.

Quarterly GSTR-3B

GSTR-3B filed quarterly (due 22nd/24th of month after quarter end based on state category): Q1 by 22/24 Jul, Q2 by 22/24 Oct, Q3 by 22/24 Jan, Q4 by 22/24 Apr.

Monthly payment via PMT-06

Tax for Month 1 and Month 2 of each quarter is paid monthly via Form PMT-06 (challan) by the 25th of the following month. Options: (a) Fixed Sum Method (35% of previous quarter's cash liability) or (b) Self-Assessment Method (actual liability for the month).

IFF — Invoice Furnishing Facility

QRMP filers can upload B2B invoices for Month 1 and Month 2 of the quarter using the Invoice Furnishing Facility (IFF) by the 13th of the following month, so counterparties' GSTR-2B reflects the ITC promptly.

Affected forms and returns

  • GSTR-1 (quarterly)
  • GSTR-3B (quarterly)
  • PMT-06 (monthly challan)
  • IFF
⚠ VERIFY

Whether QRMP is available to taxpayers who crossed the ₹5 Cr AATO threshold mid-year — if turnover crosses ₹5 Cr during the year, the taxpayer must move to monthly filing from the next quarter. Confirm the exact cut-off and transition procedure on the GSTN portal.

Primary source

Notification No. 84/2020 — Central Tax — issued by CBIC under CGST Act 2017

View official notification ↗