TMI BlogKnow more about “QRMP scheme and how to furnish details in IFF” and Answers to Frequently Asked QuestionsX X X X Extracts X X X X X X X X Extracts X X X X ..... Know more about “QRMP scheme and how to furnish details in IFF” and Answers to Frequently Asked Questions - Goods and Services Tax - GST Dated:- 20-2-2021 - News - 1. Invoice Furnishing Facility (IFF) is an optional facility made available as per Rule 59(2) of the CGST Rules, 2017 . This is provided for those quarterly taxpayers who want to pass on input tax credit (ITC) to their recipients ( ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... buyers/customers), in first two months of a quarter. It may be noted that IFF for a month will expire after the due date of 13th of next month, and cannot be filed after this date. To know more about furnishing details in IFF and payment of tax (in Form GST PMT-06 ) by taxpayers in QRMP scheme, following webinars conducted by GSTN in different languages can be referred: Lang ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uage of the Webinar Topic of the Webinar Furnishing of details in IFF and Payment of tax (Form GST PMT-06) by taxpayers in QRMP scheme English https://youtu.be/w0MWN5pxPKU Hindi https://youtu.be/yOBizK3X9Ec Marathi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... https://youtu.be/__YoTacazBg Tamil https://youtu.be/wHFvJxogTM0 2. For FAQs related to QRMP and IFF, click this link: https://tutorial.gst.gov.in/downloads/news/faq_on_qrmp_iff.pdf 3. QRMP Scheme has been implemented to simplify compliance for taxpayers with turnover less than ₹ 5cr. Under this sch ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eme, taxpayers having an aggregate turnover at PAN level up to ₹ 5 crore can opt for quarterly filing of Form GSTR-1 and Form GSTR-3B . Payment can be made in the first two months by a simple challan in FORM GST PMT-06. To know more about QRMP scheme following webinars conducted by GSTN in different languages can be referred: Language of the Webinar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Topic of the Webinar The QRMP Scheme for Taxpayers English https://youtu.be/Yf9wNdr0aE0 Hindi https://youtu.be/XtKbTz9nMFg Marathi https://youtu.be/bTwRxjTBULE Telugu ht ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tps://youtu.be/aZc0j-mgeuA Tamil https://youtu.be/jKHEryrfR-c 4. For UM and FAQs related to QRMP and IFF, click links below: Furnishing Documents in Invoice Furnishing Facility (IFF) under QRMP Scheme https://tutorial.gst.gov.in/userguide/returns/index.htm#t=Manual_IFF.htm https://tutoria ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l.gst.gov.in/userguide/returns/index.htm#t=FAQs_IFF.htm Form to Change Profile from/into QRMP Scheme https://tutorial.gst.gov.in/userguide/returns/index.htm#t=manual_change_profile.htm https://tutorial.gst.gov.in/userguide/returns/index.htm#t=FAQs_change_profile.htm Thanking You, Team GSTN - News - Press release - PIB Tax Management ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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