QRMP Scheme

The QRMP Scheme (Quarterly Return Monthly Payment) is a GST compliance framework introduced by the Government of India effective 1st January 2021 to simplify the return filing process for small taxpayers. Under this scheme, eligible taxpayers file their GSTR-1 and GSTR-3B returns once every quarter instead of every month, while continuing to pay their GST dues every month.

The scheme is governed by Notification No. 84/2020 – Central Tax and subsequent circulars issued by the CBIC.

Objective of the QRMP Scheme

Before QRMP, all regular GST taxpayers were required to file GSTR-1 and GSTR-3B every month — amounting to 24 return filings per year. For small businesses and freelancers with relatively straightforward transactions, this was a significant compliance burden. The QRMP scheme reduces this to 8 filings per year (4 GSTR-1 + 4 GSTR-3B), making GST compliance considerably lighter.

Eligibility

The QRMP scheme is open to GST-registered taxpayers whose Aggregate Annual Turnover (AATO) is up to ₹5 crore in the preceding financial year. Taxpayers whose AATO exceeds ₹5 crore at any point during the year must exit the scheme and switch to monthly filing.

The following taxpayers are not eligible for the QRMP scheme regardless of turnover:

• Taxpayers registered under the Composition Scheme
• Non-resident taxable persons
• Input Service Distributors (ISDs)
• Taxpayers required to deduct TDS under Section 51 of the CGST Act

Key Components of the QRMP Scheme

Quarterly GSTR-1 with Optional IFF

Under QRMP, GSTR-1 is filed once per quarter. However, to ensure that B2B buyers can claim Input Tax Credit (ITC) without waiting until the end of the quarter, taxpayers can optionally use the Invoice Furnishing Facility (IFF) in the first two months of each quarter. IFF allows uploading of select B2B invoices (up to ₹50 lakh per month) so that recipients' GSTR-2B is updated in time.

Monthly Tax Payment via PMT-06

For the first two months of each quarter, tax is paid using Form PMT-06 challan. Taxpayers can choose between two payment methods:

Fixed Sum Method (FSM): Pay a fixed amount equal to 35% of the net tax paid in the last quarter's GSTR-3B. This is the simpler option as it requires no detailed calculation.

Self-Assessment Method: Calculate the actual GST liability for the month based on real inward and outward supplies and pay accordingly. This is more accurate but requires more effort.

Quarterly GSTR-3B

At the end of each quarter, the taxpayer files a single GSTR-3B that consolidates the entire quarter's transactions — outward supplies, ITC claims, and tax adjustments.

How to Opt In or Out of the QRMP Scheme

Opting in or out of the scheme is done on the GST portal (www.gst.gov.in) under Services > Returns > Opt-in for Quarterly Return. The option must be exercised before the last date of the first month of the quarter for the change to take effect from that quarter.

Benefits of the QRMP Scheme

The scheme significantly reduces the number of annual filings from 24 to 8, lowers the risk of errors from frequent filing, and gives small businesses more time between filings to organise their records. The IFF facility ensures buyers are not disadvantaged in their ITC claims despite the quarterly filing frequency.

QRMP Scheme vs. Monthly Filing

The QRMP scheme and the QRMP page together cover this topic — the QRMP page explains the operational mechanics, while this page covers the broader policy framework and eligibility rules.

Use JetInvoice's free GST Invoice Generator to create and manage your quarterly invoices with ease — organised records make QRMP filing straightforward every quarter.