Updated: May 7, 2021

The CBIC has rolled out Quarterly Return Filing and Monthly Payment of Taxes (QRMP) scheme under Goods and Services Tax (GST) for small taxpayers whose turnover is less than Rs.5 crores. This scheme allows the taxpayers to file GSTR-3B on a quarterly basis and pay tax every month.


A registered person who intends to file his GSTR-3B quarterly should indicate the same on GST portal, once the registered person has exercised the option for quarterly filing, he will have to continue to furnish his return every quarter for all further tax periods, except in the following circmtances:

  1. If the turnover exceed Rs.5 crores during the quarter, then from the next quarter registered will not be able to file quarterly returns.

  2. Person who has opted for furnishing GSTR-3B on monthly basis


Taxpayers can make GST payments through challan every month either by self-assessment of monthly liability (after adjusting ITC) or by Fixed Sum Method i.e.

  1. Who furnished GSTR-3B quarterly for the last quarter shall pay 35% of net cash liability of previous filed GSTR-3B of the quarter and

  2. who furnished GSTR-3B monthly during the last quarter shall pay 100% of the tax paid in cash in the last month of the immediately preceding quarter.

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