In a recent advisory, the Goods and Services Tax (GST) portal has reminded the taxpayers opted for Quarterly Returns Monthly Payment (QRMP) scheme to file their returns on or before 13th August 2022, in order to avoid interest for late payment. The due date for filing GSTR-6 is also 13th August 2022.
An instruction published in the official twitter handle of the GST Network (GSTN) has stated that “Attention GST Taxpayers who are under QRMP Scheme! The end date for filing IFF is 13th August 2022 for June, 2022.”
The Quarterly Returns Monthly Payment (QRMP) scheme, brought into effect from 1st January, 2021, is one that allows registered taxpayers with an aggregate turnover of up to INR 5 crores in the previous financial year to file returns on a quarterly basis and make tax payments on a monthly basis.
As notified by the Central Board of Indirect Taxes (CBIC), the registered person having aggregate turnover of up to Rs. 5 crores in the preceding financial year and have opted to furnish a return for every quarter would be eligible for QRMP Scheme.
GSTR-6 is payable by Input Service Distributor under GST Model that includes an office of the supplier of goods and / or services which receives tax invoices issued by supplier towards receipt of input services and/or goods and issues a prescribed document for the purposes of distributing the credit of CGST (SGST in State Acts) and / or IGST paid on the said services to a supplier of taxable goods and / or services having same PAN.
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