Can I read Understanding the QRMP Scheme for GST on EtoBox?
Understanding the QRMP Scheme for GST by sukantabera215 is a document available to read on EtoBox.
What is Understanding the QRMP Scheme for GST about?
The QRMP Scheme, approved by the GST Council on October 5, 2020, allows taxpayers with a turnover under Rs. 5 Crore to file GSTR-1 and GSTR-3B quarterly starting January 1, 2021. Taxpayers can opt in or out of the scheme during specified periods, and payments for the first two months of each quarter must be made through FORM PMT-06. The scheme reduces the total number of returns filed annually from 16 to 8 for those who opt for quarterly filing.
- Author
- sukantabera215
- Language
- EN