GSTpur

01/07/2021

Due date for implementation of QR Code in B2C invoices extended till 30-September-21

30/06/2021

Functionality to check misuse of PAN

A functionality to register the complaint related to misuse of PAN for obtaining GST registration on GST Portal has been introduced.

https://tutorial.gst.gov.in/downloads/news/misuseofPANdocument.pdf

29/06/2021

GST Compliance Calendar July-2021

01/04/2021

from 1st April - 6 digits HSN Code is Mandatory in GST Invoice and Return for Taxpayers having Turnover more than Rs 5 Cr.

01/04/2021

Central Government extends the last date for linking of Aadhaar number with PAN from 31st March, 2021 to 30th June, 2021, in view of the difficulties arising out of the COVID-19 pandemic.

10/02/2021

Watch our New Video on YouTube - Invoice Furnishing Facility (IFF) and GST Payment under QRMP Scheme with Live Demo of GST Portal - https://youtu.be/rlwMdZwvqr8

New Invoice Furnishing Facility (IFF) has been provided to Taxpayers opted for QUARTERLY Filing frequency under QRMP Scheme. Such Taxpayers can File their de...

06/02/2021

QRMP Scheme in GST is applicable w.e.f. 1 January 2021. Last date to opt in for the same is 31 January 2021. In this short video you will be able to understand how to opt in for QRMP Scheme on GSTN portal.

To learn complete details of QRMP Scheme and Invoice Furnishing Facility visit our Channel GSTpur.

01/02/2021

Auto-population of e-invoice details into GSTR-1

01/02/2021

31/01/2021

Everything about QRMP Scheme!

QRMP Scheme in GST (Quarterly Returns Monthly Payment) is for all Normal and SEZ registered taxpayers whose aggregate annual turnover (AATO) during previous ...

30/01/2021

GST Registration:
Applications for Fresh Registration will get deemed approved in 7 working days instead of 3 working day if no action is taken by Tax Official during this period.
[Notification No 94/2020-CT, dated 22nd December, 2020 ]

30/01/2021

TAX DEFAULTER:
If the defaulters fail to FILE RETURN within FIFTEEN DAYS of the issue of the NOTICE in Form GSTR3A, the list of defaulters shall be made available on the dashboard of tax authorities in Assessment / Adjudication module for framing assessment under section 62.

30/01/2021

QRMP Scheme Updates on REFUND:
Taxpayers opted for Quarterly Filing of Form GSTR-3B - Allowed to Claim Refund on Quarterly Basis Only

30/01/2021

QRMP Scheme in GST (Quarterly Returns Monthly Payment) is for all Normal and SEZ registered taxpayers whose aggregate annual turnover (AATO) during previous FY (2019-20) and current FY (FY 2020-21) was up to Rs. Five Crore. All such taxpayers falling under QRMP scheme in GST, would become eligible to file quarterly returns and pay tax on monthly basis.

The GST QRMP Scheme is applicable w.e.f. 01-January-2021. For quarter January-2021 to March-2021, taxpayers not migrated by default, needs to choose between quarterly or monthly option for a quarter as per the scheme by logging into GSTN portal by 31-January-2021.

Taxpayers whose AATO for the FY 2019-20 is up to Rs. Five Crore and have furnished the return in Form GSTR-3B for the month of October-2020 by 30-November-2020, has been migrated by default under the GST QRMP Scheme as follows:

• Migrated as Quarterly:
• AATO Up to Rs. 1.5 Crore, who have furnished Form GSTR-1 on quarterly basis in current FY
• AATO More than Rs. 1.5 Crore and up to Rs. 5 Crore in preceding FY and in current FY

• Migrated as Quarterly:
• AATO Up to Rs. 1.5 Crore, who have furnished Form GSTR-1 on monthly basis in current FY

The option to avail this scheme can be availed GSTIN wise by a taxpayer i.e. GSTINs for same PAN can opt for the Scheme
and remaining GSTINs can remain out of the Scheme.

• Watch this video if you are looking for answers for below questions:

What is QRMP scheme?
How do I opt QRMP scheme?
Is GST payment monthly or quarterly under QRMP scheme?
How do I convert GST to quarterly monthly?
Who is eligible for quarterly return in GST?
What is Invoice Furnishing Facility?
What is due date of filing of GST returns w.e.f. 1-January-2020?
When not required to deposit GST under QRMP scheme?
What is timelines to opt in or opt out of QRMP scheme?
What is default migration under QRMP scheme?
How to opt in or opt out of the QRMP scheme on GSTN portal?



For FAQs on GSTN Portal
https://tutorial.gst.gov.in/userguide/returns/index.htm =FAQs_change_profile.htm

Thank you for valueable time for watching our video. We request you to provide your valueable comments about our video. Let us know if you have any question or doubt about QRMP Scheme in GST. Also comment and let us know, if you need to understand about How to upload invoies on GSTN portal using Invoice Furnishing Facility.

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- Sunil Wagh (Qualified GST Practitioner)

30/01/2021