Dear Sir, I am having turnover of less than Rs 5cr. So, whether filing of GSTR-3B under QRMP scheme is beneficial OR we should continue filing monthly GSTR-3B (i.e. existing scheme) ??
Thanks….
chirag111 Asked question December 3, 2020
You can choose QRMP scheme in order to avoid filing of GSTR-3B each month. However payment still needs to be made on monthly basis. In our view in case your net outward tax liability (after ITC) is on increasing trend you can opt for QRMP , however if it is declining, you may not opt.
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Frah Saeed Changed status to publish December 10, 2020