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TMI BlogImportant changes related to QRMP Scheme implemented on the GST Portal for the taxpayersX X X X Extracts X X X X X X X X Extracts X X X X ..... Important changes related to QRMP Scheme implemented on the GST Portal for the taxpayers - Goods and Services Tax - GST Dated:- 7-7-2021 - News - Few important changes related to QRMP Scheme implemented on the GST Portal for the taxpayers are as given below: A.Auto population of GSTR-3B liability from IFF and Form GSTR 1 : A taxpayer under QRMP Scheme can declare their liability through ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... optional IFF for Month 1 and Month 2 of a quarter Form GSTR-1 for Month 3 of that quarter. Declaration of liability in these forms would now be auto-populated in their Form GSTR-3B (Quarterly) for that quarter, based on their filed Form GSTR-1 and IFF. These fields are editable and in case their values are revised upwards or downwards, the edited field(s) would be highlighted in red colou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r and a warning message will be displayed to the taxpayer. However, the system would not prevent taxpayer from filing of Form GSTR-3B with edited values. B.Nil filing of Form GSTR-1 (Quarterly) through SMS : Nil filing of Form GSTR-1 (Qtrly) through SMS has been enabled for taxpayers under QRMP Scheme. They can now file it by sending a message in specified format to 14409. The format of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the message is NIL space Return Type (R1) space GSTIN space Return Period (mmyyyy) . Example: NIL R1 07XXXXX1234H8Z6 062020 (where return period must be last month of the quarter) However, NIL filing through SMS can t be done in following scenarios: If IFF for Month 1 or 2 of a quarter is in Submitted stage, but not Filed. If invoices are Saved in IFF for Month 1 or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2 of a quarter, which was not submitted or filed by due date. C.Impact of cancellation of registration on liability to file Form GSTR-1 : In case registration of a taxpayer under QRMP Scheme is cancelled, with effective date of cancellation being any date after 1st day of Month 1 of a quarter, they would be required to file Form GSTR-1 for the complete quarter, as the last applicable re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... turn. For example if the taxpayer s registration is cancelled w.e.f. 1st of April, he/she is not required to file Form GSTR-1 for Apr-June quarter and Form GSTR-1 for Jan-Mar Quarter shall become the last applicable return. However, if the registration is cancelled on a later date during the quarter, the taxpayer would be required to file Form GSTR-1 for Apr-June quarter. In such cases the f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iling will become open on 1st of month following the month with cancellation date i.e. if cancellation has taken place on 20th May, Form GSTR-1 for Quarter Apr-June can be filed anytime on or after 1st of June. D.For more details, please click on: 1) https://tutorial.gst.gov.in/userguide/returns/index.htm#t=FAQs_IFF.htm 2) https://tutorial.gst.gov.in/userguide/returns/index.htm#t=Manual_ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... IFF.htm 3) https://tutorial.gst.gov.in/userguide/returns/index.htm#t=Creation_of_Outward_Supplies_Return_in_GSTR-1.htm 4) https://tutorial.gst.gov.in/userguide/returns/index.htm#t=Create_and_Submit_GSTR3B.htm The above is for your information and necessary action please. Thanking You, Team GSTN - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - 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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