New Changes Introduced in QRMP Scheme

The CBIC introduced the QRMP scheme under GST to help small and medium taxpayers whose aggregate turnover is less than INR 5 crores. The QRMP scheme permits the taxpayers to file GSTR-3B every quarter. However, the taxpayer would still need to pay tax each month. However, the CBIC introduced new changes in the QRMP scheme on 6^th July 2021. So, in this blog, we will discuss these new changes introduced in the QRMP scheme in depth.

New Changes Introduced in QRMP Scheme 

Auto population of GSTR-3B liability from GSTR-1 Form and IFF 

A taxpayer under QRMP Scheme can announce their liability through invoice furnishing facility (IFF) for the first 2 months of a quarter and the 3rd month of the quarter in the GSTR-1 form. Announcement of liability in these forms would now be auto-populated in their Form GSTR-3B (Quarterly) for that quarter, in light of their recorded Form GSTR-1 and IFF. These fields are editable and can be edited by the taxpayer if the taxable value changes. Once edited, the altered field(s) would be featured in a red tone containing a warning message. Notwithstanding, this new change introduced in the QRMP scheme would not keep taxpayers from filing Form GSTR-3B with altered fields. 

Nil GSTR-1 (Quarterly) Filing through SMS 

As per this new change introduced, every taxpayer under QRMP scheme can now file Nil GSTR-1 (Quarterly) through SMS. 

They just need to send a message to 14409 in a format specified by the CBIC. Here is the format message to file a nil GSTR-1 (Quarterly) 

< NIL > space < Return Type (R1) > space < GSTIN > space < Return Period (mm/yyyy) > 

Let us understand this with an example 

NIL R1 08XXXXX1234A567 062021 

Note: the GSTR-1 return period will be the last month of the quarter. 

However, the taxpayer cannot file NIL GSTR-1 through SMS in the following scenarios: 

1. If the taxpayer has submitted the IFF for the first 2 months of a quarter but not Filed. 
2. If the taxpayer has saved invoices in IFF for the first 2 months of a quarter, but he/she has neither submitted nor filed. 

Impact of GST Registration Cancellation on GSTR-1 Filing 

There can be two instances in case of GST registration cancellation 

1. If the GST registration of a taxpayer under the QRMP Scheme is canceled on any date after 1st day of the first month of a quarter. Then, in this case, such a taxpayer will not have to file GSTR-1 for the current quarter but the previous quarter GSTR-1 will be considered as the last applicable GST return. 

Let us understand this with an example; if the registration of a taxpayer is canceled with effect from 1st Jan 2022. Then, in this case, the taxpayer will not be liable to file GSTR-1 for the Jan-Mar quarter but the GSTR-1 for Oct-Dec Quarter will be considered as the last applicable return. 

2. If the GST registration of a taxpayer under the QRMP Scheme is canceled on any later date during the quarter. Then, in this case, such a taxpayer will have to file GSTR-1 for the current quarter. Moreover, the filing of the GSTR-1 form will open on the 1st of the following. 

Let us understand this with an example, if the GST registration of a taxpayer is canceled on 27th Dec 2021, then he/she can file the GSTR-1 form for the Quarter (Apr-June) any time after 1st June 2021. 

Way Forward 

Through the above statements, we can conclude that the government has been continuously trying to ease the scope of doing business in India. New changes introduced in the QRMP scheme will help the taxpayers to easily stay GST compliant. 

GSTrobo® GST software has an in-built solution to help you with Quarterly Return Filing and pay tax every month.