What Is Monthly And Quarterly Returns In Gst ?

January 31, 2023 ⚊ 1 Min read ⚊ Views 69 ⚊ FINANCE

The Quarterly Returns with Monthly Payment (QRMP) Scheme allows eligible taxpayers to file Form GSTR-1 and Form GSTR-3B quarterly while paying their tax obligations monthly via challan. It entails filing monthly/quarterly returns (QRMP) for a year, GSTR-1 and GSTR-3B returns, GSTR-2A unity, supporting output tax payment, and is valid for businesses that issue up to 30 sales invoices per month.

Read details: https://instafiling.com/gst-compliances/monthly-quarterly-returns-gstr-1-and-gstr-3b/

Tags: GST, monthly, quarterly