Provisions relating to Quarterly Return Monthly Payment Scheme (QRMPS)

Circular No.: ES/372/2020-21 12th November, 2020

To: Members of the Council

Sub: Provisions relating to Quarterly Return Monthly Payment Scheme (QRMPS)

Dear Member,

CBIC has issued Circular No. 143/13/2020- GST dated 10th November, 2020 regarding provisions relating to Quarterly Return Monthly Payment Scheme (QRMPS).

As a trade facilitation measure and in order to further ease the process of doing business, the GST Council in its 42nd meeting held on 5th October, 2020, had recommended that registered person having aggregate turnover up to five crore rupees may be allowed to furnish return on quarterly basis along with monthly payment of tax, w.e.f 1st January, 2021.

Government has issued following notifications to implement the Scheme of quarterly return filing along with monthly payment of taxes (hereinafter referred to as “QRMP Scheme/ Scheme”):

SI. No.	Notification	Remarks
1	Notification No. 81/2020 – Central Tax, dated 10.11.2020	Notifies amendment carried out in sub-section (1), (2) and (7) of section 39 of the CGST Act vide Finance (No.2) Act, 2019.
2	Notification No. 82/2020 – Central Tax, dated 10.11.2020.	Makes the Thirteenth amendment (2020) to the CGST Rules 2017.
3	Notification No. 84/2020 – Central Tax, dated 10.11.2020.	Notifies class of persons under proviso to section 39(1) of the CGST Act.
4	Notification No. 85/2020 – Central Tax dated 10.11.2020.	Notifies special procedure for making payment of tax liability in the first two months of a quarter

Various issues related to notifications issued to implement the QRMP Scheme have been examined by CBIC. In order to explain the Scheme in simple terms and in order to ensure uniformity in implementation across field formations, CBIC has clarified various issues in Circular No. 143/13/2020- GST.

For more information, members may kindly refer to Circular No. 143/13/2020- GST .

Members may kindly make a note of the above.

Thanking you,

Yours faithfully,

S.BALARAJU

EXECUTIVE DIRECTOR