The Quarterly Return Monthly Payment (QRMP) scheme reduces the compliance burden for small taxpayers by letting them file GSTR-1 and GSTR-3B quarterly, while paying tax every month.
This guide explains QRMP eligibility, the Invoice Furnishing Facility (IFF), and the monthly payment methods.
What is QRMP Scheme under GST?
QRMP is available to taxpayers with aggregate turnover up to ₹5 crore. They file quarterly returns but pay estimated tax monthly for the first two months of the quarter using a challan.
The IFF lets them upload B2B invoices in the first two months so buyers get timely ITC.
| Eligibility | Turnover up to ₹5 crore |
|---|---|
| Returns | GSTR-1 and GSTR-3B quarterly |
| Payment | Monthly via PMT-06 (fixed sum or self-assessment) |
| B2B upload | Optional monthly IFF |
Frequently asked questions
Who can opt for QRMP?
Registered taxpayers with aggregate annual turnover up to ₹5 crore in the preceding year.
Do QRMP taxpayers still pay tax monthly?
Yes. Returns are quarterly, but tax is paid monthly for the first two months of each quarter.