QRMP Scheme explained: this guide covers what QRMP Scheme means, who it applies to, the step-by-step process, documents required, fees, due dates and penalties in India — so you can stay compliant with confidence and avoid costly mistakes.
The Quarterly Return Monthly Payment (QRMP) scheme, introduced from January 1, 2021, allows GST taxpayers with aggregate turnover up to Rs.5 crore in the preceding financial year to file GSTR-1 and GSTR-3B on a quarterly basis while paying tax on a monthly basis. This reduces compliance burden for small taxpayers.
Eligibility for QRMP Scheme
- Aggregate turnover up to Rs.5 crore in the preceding financial year
- All GSTINs linked to the same PAN must have collective turnover below Rs.5 crore
- Taxpayer must be filing GSTR-3B on monthly basis (not composition or QRMP-excluded categories)
- New registrants with expected turnover below Rs.5 crore can opt in from first GSTIN registration
How to Opt-In/Opt-Out of QRMP
| Period | Opt-In/Opt-Out Window |
|---|---|
| Q1 (Apr-Jun) | February 1 to April 30 |
| Q2 (Jul-Sep) | May 1 to July 31 |
| Q3 (Oct-Dec) | August 1 to October 31 |
| Q4 (Jan-Mar) | November 1 to January 31 |
Opting in or out is done through the GST portal under "Opt-In for Quarterly Filing" in the Returns section.
Filing Calendar Under QRMP
| Return/Payment | Frequency | Due Date |
|---|---|---|
| IFF (Invoice Furnishing Facility) | Optional monthly (M1 and M2 of quarter) | 13th of following month |
| PMT-06 (Tax Payment) | Monthly (M1 and M2 of quarter) | 25th of following month |
| GSTR-1 (Quarterly) | Quarterly (end of quarter M3) | 13th of month after quarter end |
| GSTR-3B (Quarterly) | Quarterly | 22nd/24th of month after quarter end |
Invoice Furnishing Facility (IFF)
IFF is an optional facility for QRMP taxpayers to upload B2B invoices for months 1 and 2 of a quarter (without filing a full GSTR-1). Benefits of IFF:
- Buyers can see invoices in their GSTR-2B on monthly basis (not wait till quarterly GSTR-1)
- Helps buyers claim ITC monthly
- Only B2B invoices (registered recipient) and debit/credit notes can be uploaded
- Maximum invoices per IFF: 500 documents
- B2C invoices and exports cannot be uploaded in IFF — they go in quarterly GSTR-1
Monthly Tax Payment: PMT-06
QRMP taxpayers must pay tax for months 1 and 2 of each quarter by 25th of the following month using PMT-06 challan. Two methods of computing monthly payment:
Method 1: Fixed Sum Method
- 35% of net cash tax liability paid in last quarter (if quarterly filer in last quarter)
- 100% of net cash tax liability for last month if was monthly filer previously
Method 2: Self-Assessment Method
- Compute actual tax liability for the month
- Deduct ITC available
- Pay balance cash amount
The remaining tax (after monthly deposits) is settled in the quarterly GSTR-3B filing.
QRMP vs Monthly Filing: Comparison
| Aspect | QRMP | Monthly Filing |
|---|---|---|
| GSTR-1 filing | Once per quarter | Monthly (by 11th) |
| GSTR-3B filing | Once per quarter | Monthly (by 20th) |
| Tax payment | Monthly via PMT-06 | Monthly with GSTR-3B |
| B2B invoice visibility | Monthly via IFF (optional) | Monthly via GSTR-1 |
| Compliance burden | Lower (8 filings vs 24) | Higher (24 filings per year) |
Key Facts About QRMP Scheme
- Applies in: All states across India, under the relevant central law.
- Mode: Mostly online via the official government portal.
- Typical timeline: Ranges from a few days to a few weeks depending on the case.
- Non-compliance: May attract penalties, interest or late fees.
- Expert help: TaxClue completes QRMP Scheme end to end for you.
Who is eligible for the QRMP scheme?
GST taxpayers whose aggregate annual turnover does not exceed Rs.5 crore in the preceding financial year are eligible for the QRMP scheme. All GSTINs linked to the same PAN collectively must be below Rs.5 crore.
Is it mandatory to opt into QRMP?
No, the QRMP scheme is optional for eligible taxpayers. The government auto-migrated taxpayers below Rs.5 crore to QRMP in January 2021, but taxpayers can opt out. Eligible taxpayers remaining on monthly filing can continue doing so.
Over 90% of compliance penalties in India arise from missed due dates — timely handling of QRMP Scheme can save businesses thousands of rupees each year.
QRMP Scheme: a key compliance topic in Indian tax and corporate law that businesses and individuals must understand to remain compliant.