Скачать с ютуб How to change from QRMP To Monthly Filing in GST🤔(Know fast) / в хорошем качестве

How to change from QRMP To Monthly Filing in GST🤔(Know fast) /

30th April last date to change from QRMP to Monthly filing in GST Know How to Change? Want to know? The Central Board of Indirect Taxes & Customs (CBIC) introduced the Quarterly Return Filing and Monthly Payment of Taxes (QRMP) scheme under Goods and Services Tax (GST) to help small taxpayers whose turnover is less than Rs. 5 crores. The QRMP scheme allows the taxpayers to file GSTR-3B on a quarterly basis and pay tax every month. Who are eligible under the QRMP scheme? A registered person who is required to furnish a return in FORM GSTR-3B, and who has an aggregate turnover of up to 5 crore rupees in the preceding financial year, is eligible for the QRMP Scheme. Further, in case the aggregate turnover exceeds five crore rupees during any quarter in the current financial year, the registered person shall not be eligible for the scheme from the next quarter. How do taxpayers submit details of outward supplies? The person opting for the QRMP scheme can use the Invoice Furnishing Facility (IFF) which allows quarterly GSTR-1 filers to upload their invoices every month. One should keep the following points in mind before utilizing the IFF: The Invoice Furnishing Facility can be utilized only for the first two months of a quarter. The invoices relating to the last month of a quarter are required to be uploaded in GSTR-1 return There is no requirement to upload invoices in GSTR-1 if the same has been uploaded in the Invoice Furnishing Facility. The taxpayer has to submit the B2B invoice details of sale transactions i.e. both inter-state and intra-state along with debit and credit notes of the B2B invoices issued during the month. The total net value of invoices that can be uploaded is restricted to Rs.50 lakh per month. The details submitted in IFF will be reflected in the GSTR-2A, GSTR-2B, GSTR-4A, or GSTR-6A of the recipients as the case may be. The Invoice Furnishing Facility will come into effect from 01.01.2021. For More Information Please watch this video and please please like this video as much as possible share it. For more information / can collaborate with @accountingzone Contact us : +91 74339 87603 Mail us : [email protected] . . Follow it only if you feel, this page is useful to you. . We are trying to share updates on Instagram & youtube channels. . So follow us And comment on your queries Related to advance tax payment And also Please Follow us on Instagram Id is accountingzone https://www.instagram.com/invites/con... Facebook page   / 2166138350336924   Linkedin profile   / accountingzone