Thread by @CA_HarshilSHETH

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 - 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

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

For payment is concerned, Firstly u collect data.. Party sent in 3B format

If tax payable then PAY PMT 6
if no tax payable then Nothing to do

In 3rd Month, Ask all data for Quaterly 3B.. All 3 months data

This is again very much time consuming and irritating

QRMP is pathetic

@threadreaderapp unroll it

IFF को optional GSTR 1 बोल दिया होता और उसमे B2C, export, exempt की module भी होती तो कितना easy हो जाता Quater end मे.

Why they always come with half baked ideas?

All so used to GSTR 1 / 3B.

They introduced QRMP

Now All will wait APR 21 FOR convert to GSTR 1 / 3B monthly