Discover and read the best of Twitter Threads about #qrmp
Most recents (2)
If your Aggregate Annual Turnover is up to ₹5 Crore then #QRMP (Quarterly Return and Monthly Payment) Scheme will save your Late fees in #GST
How it saved is explained here 👇👇👇 in thread
How it saved is explained here 👇👇👇 in thread
Non QRMP
Monthly GSTR 1 on or before 11th of Next Month so from 12th Late Fee is Applicable
QRMP
Option to file IFF for Month 1/Month 2 and Quarterly GSTR 1 on or before 13th so late fee is applicable for delay in Quarterly GSTR 1 only
Monthly GSTR 1 on or before 11th of Next Month so from 12th Late Fee is Applicable
QRMP
Option to file IFF for Month 1/Month 2 and Quarterly GSTR 1 on or before 13th so late fee is applicable for delay in Quarterly GSTR 1 only
Non QRMP
Monthly GSTR 3B on or before 20th of Next Month so from 21st Late Fee is Applicable
QRMP Tax
GST Payment if any for Month 1/Month 2 on or before 25th of Next month and Quarterly GSTR 3B on or before 22nd/24th so late fee is applicable for delay in Quarterly GSTR 3B only
Monthly GSTR 3B on or before 20th of Next Month so from 21st Late Fee is Applicable
QRMP Tax
GST Payment if any for Month 1/Month 2 on or before 25th of Next month and Quarterly GSTR 3B on or before 22nd/24th so late fee is applicable for delay in Quarterly GSTR 3B only
Thread on QRMP
#QRMP
70% of ppl, i asked before Feb,
They converted all Taxpayers in Monthly
After filling January returns & looking to PMT6 & IFF difficulties, & half baked solution QRMP
Even rest 30% saying that they will convert ALL clients to" Monthly" from APR 21
#QRMP
70% of ppl, i asked before Feb,
They converted all Taxpayers in Monthly
After filling January returns & looking to PMT6 & IFF difficulties, & half baked solution QRMP
Even rest 30% saying that they will convert ALL clients to" Monthly" from APR 21
QRMP - Idea is good
But Things getting very difficult in practical life
Better to switch " Monthly "
Read below how it is irritating cycle of 3 months
But Things getting very difficult in practical life
Better to switch " Monthly "
Read below how it is irritating cycle of 3 months
Parties are sending 3B+ 1
We have to file PMT 6 + IFF
This half baked Idea of IFF is very frustrating. It does not allow B2C and export and Exempted details
So We have to remember all this for 2 months and report in QUATERLY GSTR 1
practically more confusing & time consuming
We have to file PMT 6 + IFF
This half baked Idea of IFF is very frustrating. It does not allow B2C and export and Exempted details
So We have to remember all this for 2 months and report in QUATERLY GSTR 1
practically more confusing & time consuming
