A new scheme was introduced for Small Dealers to simplify compliance in GST. This was regarding the QRMP Scheme.

Under this new scheme, taxpayers having an aggregate turnover at PAN level up to Rs. 5 crore can opt for quarterly GSTR-1 and GSTR-3B filing.

Payment can be made in the first two months by a simple challan in FORM GST PMT-06.

The last date to change the filing frequency for the quarter of April to June 2021 is 30th April, 2021. After 30th April, 2021, the filing frequency cannot be changed for the quarter April to June 2021.

Now, the question arises as to how to change the scheme under GST.

Here is a step by step guide for doing the chahe in the scheme:

Step 1: go to www.gst.gov.in and Login to the GST Portal with valid credentials. Click the Services > Returns > Opt-in for Quarterly Return option and click the SEARCH button.

Step 2: The Opt-in for Quarterly Return page is displayed. From the Financial Year drop-down list select 2021-2022 and

Step 3:  To change the filing frequency to Monthly or Quarterly, select the radio button corresponding to the quarter and click the SAVE button, to save the preference.

Step 4:  confirmation message is displayed on the screen. Click the OK button

Please Note that the profile selection is not a recurring requirement every quarter. Once a frequency has been opted for, it is applicable for all future periods unless changed further.