Filing GST returns monthly feels heavy for a small business. The QRMP scheme (Quarterly Return, Monthly Payment) lightens the load without the restrictions of composition.
How QRMP works
- Eligible businesses below the notified turnover limit file GSTR-1 and GSTR-3B quarterly
- Tax is still paid monthly through a simple challan — either a fixed proportion of the previous quarter’s tax or self-assessed
- An optional invoice furnishing facility (IFF) lets you upload B2B invoices monthly so your buyers get their credit on time
Who benefits most
Businesses with steady, modest transaction volumes and mostly B2C sales save real time. B2B-heavy sellers should weigh buyer expectations — customers want their credit visible monthly, which the IFF solves with a little extra effort.
Points to watch
Scheme choices are made per quarter within deadlines; monthly payments still carry interest if short; and growing past the threshold moves you back to monthly filing.
We can assess whether QRMP fits you and manage the whole cycle — GST return filing · free consultation.
