![Important Updates in GST QRMP Scheme](https://blog.saginfotech.com/wp-content/uploads/2021/07/new-change-gst-qrmp-scheme-gstn-portal.jpg)
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
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
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.