I OPTED FOR QUARTERLY RETURN FILING FOR THE PERIOD OF JAN TO MAR 21. NOW WHILE FILING THE QUARTERLY RETURN SHOULD FILE MARCH 21 3B SINGLE RETURN ONLY OR FILE MONTHLY JAN AND FEB AND MAR BECAUSE IN THE GST PORTAL SHOWING FOR JAN 3B DUE DATE 22/02/21 AND FOR FEB MAR 21 AND FOR MARCH 21 TO APR 2021. HOW TO FILE THE RETURN. ONLY ONE RETURN MEANS MARCH 21 3B COMPRISING ALL THREE MONTHS SALES AND PURCHASE TO ENTER IN LAST RETURN. OR MONTHLY ENTER DETAILS.
01 April 2021
If you opted for QRMP scheme GSTR 1 and GSTR 3B have to be filed on quarterly basis only.
But there is option for furnishing Invoices on monthly basis along with option to amend such invoices on monthly basis, is not mandatory.
Taxpayers have to pay GST on monthly basis under Challan PMT 06 on basis of self assessment basis or a minimum of 35% of total tax liability in order to avoid interest liability as per the provision of act.
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