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Saturday, 5 December 2020

*Quarterly Return Monthly Payment Scheme*

*GST UPDATE*

*Quarterly Return Monthly Payment Scheme*

The Return filing of GSTR-1 and GSTR-3B can be filed on Quarterly basis by Taxpayers having aggregate Turnover less than 5 crores. 

The option to file on Quarterly basis can be exercised on the GST Portal. *The option is available from 5 Dec to 31 Jan.*

If this scheme is opted the Tax Payment has to be done on monthly basis by depositing in Cash Ledger.


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