15 March 2021
Mr A is under QRMPS. His GST liability after taking ITC for Feb 2021 is lower than credit balance in cash ledger, hence he does not have to pay any amount in cash. So he does not generate Challan. Is he required to take any action for adjusting the balance in cash ledger with the amount of his net liability for Feb 2021, or will it automatically adjust when he files his GSTR 3b in March for the quarter?
26 March 2021
In QRMP scheme set off from credit ledger is not possible in absence of 3B. so you have to declare all your taxable outward and inward suppllies of quarter in GSTR-3B of march .
CAclubindia
