Returns
The QRMP Scheme: Quarterly Returns, Monthly Payment
QRMP lets smaller businesses file GSTR-1 and GSTR-3B quarterly while paying tax monthly. It cuts filing work — but has trade-offs. This guide helps you decide.
What QRMP is
QRMP (Quarterly Return, Monthly Payment) lets eligible businesses file their GSTR-1 and GSTR-3B once a quarter instead of every month, while still paying tax monthly through a simple challan. It’s designed to reduce the compliance load for smaller taxpayers without delaying the government’s tax collection.
Who can opt in
Businesses with aggregate turnover up to ₹5 crore in the preceding financial year can opt for QRMP, chosen per GSTIN. You can move in and out of the scheme at the start of quarters, subject to the rules — so it’s not a permanent lock-in.
Monthly payment and the IFF
Under QRMP you still pay tax for the first two months of the quarter via a monthly challan (fixed-sum or self-assessed method). And to keep your B2B buyers’ credit flowing, you can use the Invoice Furnishing Facility (IFF) to upload B2B invoices in months one and two — so buyers don’t wait a full quarter for their input credit.
Is it right for you?
- Good for: smaller businesses wanting less frequent filing
- Watch out if: you have many B2B buyers who need monthly credit (use the IFF, or monthly may suit better)
- Cash flow: you still pay monthly, so it’s filing relief, not payment relief
- We set your cadence based on turnover, buyer mix and how you prefer to work
Want this handled for you?
We are a registered GST Practitioner in Gujarat. Registration is ₹499, monthly filing is ₹499/month.