Due Date to file GST Return under QRMP Scheme: Know More:

Taxpayers who have opted for QRMP scheme should file IFF upto 13th of March to enable the flow of Input Tax Credit (ITC) to Customers.

QRMP Scheme under GST

CA Pratibha Goyal

Mar 13, 2024

Last update on Mar 13, 2024

Due Date to file GST Return under QRMP Scheme: Know More Today i.e. 13th of March is the due date for filing GST returns in Invoice Furnishing Facility (IFF) for Taxpayers who have opted for the Quarterly Return and Monthly Payment Scheme (QRMP) for February 2024. The Invoice Furnishing facility will help enable the flow of Input Tax Credit (ITC) to Customers who have opted for the QRMP scheme. Otherwise one has to wait for the Quarter end when the Filing of Form GSTR-1 for the quarter ending March 2024 will be enabled.

What will happen if you don't file IFF?

There is no compulsion or penalty for filing the IFF. However, as per GST rules, your customers will not be able to claim ITC if the same is not reflected in their Form GSTR-2B. ITC will be reflected in GSTR-2B only when the seller files GSTR-1 or the IFF.

About Author

CA Pratibha Goyal

Co Founder

CA Pratibha Goyal is Chartered Accountant qualified in 2016, is a Member of The Institute of Chartered Accountants of India having wide experience in the field of Auditing, Taxation, ROC, GST and Secretarial matters etc. She has written over a thousand articles & has made several videos on topics related to Auditing & Taxation. As a Speaker she has delivered various sessions on various branches of NIRC of ICAI.