QRMP Scheme in GST 2025 — A Complete Guide for Small Traders
Meta: Confused about QRMP scheme under GST? Learn what it is, eligibility, benefits, and step-by-step process to apply in 2025 for small traders.
Introduction
Monthly GST filing can be a heavy task for small traders. To reduce compliance burden, the government introduced the QRMP (Quarterly Return, Monthly Payment) scheme. Is guide mein hum simple language mein samjhayenge ki QRMP kya hai, kaun eligible hai, aur kaise aap ise opt kar sakte hain.
What is QRMP Scheme?
QRMP stands for Quarterly Return, Monthly Payment. As the name suggests, taxpayers file returns quarterly (four times a year) but make monthly tax payments. Yeh un taxpayers ke liye useful hai jinka annual turnover ₹5 crore ya usse kam hai.
- File returns quarterly (instead of monthly)
- Pay tax monthly (Fixed Sum Method or Self-Assessment)
- Eligibility: Aggregate turnover ≤ ₹5 crore
Eligibility (2025)
To opt for QRMP: your aggregate turnover in the previous financial year should be ₹5 crore or less. The GST portal automatically checks eligibility when you opt-in.
Benefits of QRMP
- Reduced compliance: File returns only 4 times a year.
- Time saving: Less time spent on monthly reconciliation.
- Cashflow planning: Monthly payments but fewer filings.
- Flexibility: Option to use Fixed Sum Method (FSM) or Self-Assessment Method (SAM).
How to Opt for QRMP — Step by Step
- Login: Go to GST Portal and login with your GSTIN.
- Navigate: Services > Returns > Opt-in for Quarterly Return.
- Select: Choose financial year and quarter you want to opt for.
- Confirm: Portal will validate turnover; confirm and submit.
Payment Options in QRMP
There are two ways to deposit monthly tax under QRMP:
Fixed Sum Method (FSM)
Under FSM, the system calculates a fixed amount based on your previous quarter’s tax liability. You can simply pay the generated challan every month.
Self-Assessment Method (SAM)
If your monthly sales vary significantly, SAM lets you calculate actual tax liability and pay accordingly. Use SAM carefully to avoid underpayment penalties.
Example: How QRMP Helps a Small Trader
Ramesh runs a small cloth shop with annual turnover ₹3.5 crore. He opted for QRMP to reduce filing work. Instead of filing every month, he now files once per quarter and pays an estimated monthly amount. This saved him time and reduced accounting headaches.
Common Questions
Q: Is QRMP mandatory?
No. It is optional for eligible taxpayers.
Q: What if my turnover crosses ₹5 crore?
If your aggregate turnover exceeds ₹5 crore, you are no longer eligible for QRMP from the next financial year.
Q: Can I switch back to monthly filing?
Yes — you can opt out and continue monthly filing if that suits your business better.
Final takeaway
QRMP is a useful scheme for small traders who prefer fewer filings and predictable monthly payments. Agar aapka turnover ₹5 crore se kam hai, QRMP aapke liye beneficial ho sakta hai. If you want, GSTSimplify can help you opt-in and manage monthly payments for a small fee.