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CA Intermediate · Taxation · Returns

Ravi Electricals, Pune, opted for the QRMP scheme with aggregate turnover of Rs 4 crore. For the quarter April to June, it paid tax for April and May under the monthly payment facility through challan PMT-06. Which statement is correct about its compliance for that quarter?

Under QRMP, GSTR-1 is quarterly by the 13th of July, GSTR-3B is quarterly by the 22nd or 24th of July based on the state, and tax for the first two months is deposited through PMT-06 by the 25th of the following month.

  1. AGSTR-1 is furnished quarterly by the 13th of July, GSTR-3B is furnished quarterly by the 22nd or 24th of July depending on state, and tax for the first two months is paid by the 25th of the following monthCorrect
  2. BGSTR-1 is furnished by the 11th of each month and GSTR-3B quarterly by the 20th of July
  3. CGSTR-3B is furnished monthly by the 20th, with only GSTR-1 being quarterly
  4. DTax for the first two months is paid by the 13th of the following month, and GSTR-3B is quarterly by 25th July for all states

Explanation

Under QRMP, GSTR-1 is furnished quarterly by the 13th of the month after the quarter, with the invoice furnishing facility for the first two months. GSTR-3B is filed quarterly by the 22nd or 24th of the month after the quarter depending on the state group. Tax for the first two months is paid through PMT-06 by the 25th of the following month. Options B, C and D mix monthly dates or give a wrong date for payment.

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