QRMP Scheme: Quarterly GSTR-1 & GSTR-3B Filing for Small Taxpayers

What changed

The Quarterly Return Monthly Payment (QRMP) scheme lets small taxpayers - aggregate turnover up to Rs. 5 crore in the previous financial year - file GSTR-1 and GSTR-3B once every quarter instead of every month. Tax payment, however, remains monthly.

The scheme continues unchanged for FY 2025-26 and FY 2026-27, and the Ministry of Finance has reiterated the compliance relief it provides for small taxpayers.

How it works

• Opt in from the dashboard on the GST portal: Services > Returns > Opt-in for quarterly return
• File GSTR-1 and GSTR-3B once per quarter (Apr-Jun, Jul-Sep, Oct-Dec, Jan-Mar)
• Pay monthly tax in the first two months via challan GST PMT-06 by the 25th
• File the quarterly return by the 22nd or 24th of the month following the quarter

Monthly payment formula

For each of the first two months of the quarter, deposit 35% of the tax paid in the previous quarter, unless the previous quarter's return was filed monthly - in which case deposit 100% of the previous quarter's last month liability. Nil taxpayers may not need deposits if no liability is payable.

Invoice Furnishing Facility (IFF)

Taxpayers under QRMP may report B2B invoices in the first two months of the quarter through the Invoice Furnishing Facility (IFF) so that buyers can view the supply in GSTR-2B and claim ITC early. IFF submissions do not replace the quarterly GSTR-1 filing.

Impact on businesses

Quarterly filing reduces compliance cost, errors in monthly data entry and late-fee exposure - 4 return cycles instead of 24 (GSTR-1 + GSTR-3B). The trade-off is disciplined monthly cash flow for tax payments via PMT-06.

What you should do

• Check eligibility: turnover up to Rs. 5 crore in the preceding year and no pending returns
• Opt in before the quarter starts on the GST portal
• Set calendar reminders for the 25th monthly PMT-06 deposit
• Report IFF B2B invoices in the first two months so buyers can claim ITC without delay