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Insight New Changes in QRMP Scheme Under GST on GSTN Portal

Important Updates in GST QRMP Scheme

Goods and services tax network (GSTN) is provided some amendment context to the QRMP policy executed on the GST portal for the assessee are provided below:

Auto-populate GSTR-3B liability from Form GSTR 1 & IFF

Under the QRMP policy which shows their liability via optional IFF for month 1 and month 2 of the quarter and Forms GSTR-1 The complete guide for online filing GSTR 1 form in a very easy and step by step manner. We have explained its part 1 to part 13 with the original form screenshots for Month 3 of that quarter. Inside the forms, the liability is mentioned and can be auto-populated in their form GSTR-3B on the basis of quarter upon the grounds of the furnished Form GSTR-1 and IFF. you can edit these fields and in the case, their values can change upwards or downwards, the edited field(s) can be mentioned in red colour and a warning message shall be displayed to the assessee. but, the system will not stop the assessee from filing Form GSTR-3B with edited values.

Form GSTR-1 (Quarterly) SMS Nil Filing

Beneath the QRMP policy, there shall no “filing of the Form GSTR-1 (Qtrly) through SMS has been enabled” for the assessee. People can now furnish through sending the message in the particular format to 14409. “The format of the message is < NIL > space < Return Type (R1) > space< GSTIN > space < Return Period (mmyyyy) > . Example: NIL R1 07XXXXX1234H8Z6 062020 (where return period must be last month of the quarter)”

But there is no furnishing through SMS which cannot be furnished in the mentioned things:

  • If IFF (Invoice Furnishing Facility) for Month 1 or 2 of a quarter is in the Submitted stage, however, shall not be furnished
  • “If invoices are Saved in IFF for Month 1 or 2 of a quarter, which was not submitted or filed by the due date”

Registration Cancellation Impact on Form GSTR-1 liability

For the concern of the enrollment of the assessee beneath GST QRMP policy Know the everything about QRMP (Quarterly Return Filing & Monthly Payment) Scheme under GST. Also, we have included the alternation and payment of tax under QRMP shall not be refused through the valid date of refusal which is any date after 1st day of Month 1 of a quarter, they would be required to file Form GSTR-1 for the complete quarter, as the last applicable return.

For instance, if the assessee’s enrollment is refused w.e.f. 1st of April, he/she is not required to file Form GSTR-1 for the Apr-June quarter, and Form GSTR-1 for Jan-Mar Quarter shall become the last applicable return. But if the enrollment is Form GSTR-1 for the Apr-June quarter. In these cases the furnishing shall become open on the 1st of the month following the month with cancellation date i.e. if the revocation stated on 20th May, Form GSTR-1 for Quarter Apr-June can be furnished on or post to the 1st of June.

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Arpit Kulshrestha
Arpit Kulshrestha seeks higher interests in financial services, taxation, GST, I-T, etc. Writes articles with depth knowledge and is extensive for the same. The resources provide effective articles for the products of SAG infotech which provides taxation and IT software. Writing from observations and researching makes his articles virtuous. View more posts
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