How to pay your GST payment under QRMP scheme through Self Assessment Basis under QRMP (Quaterly Return Monthly Payment) scheme.
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You can make a GST payment either online or offline. Businesses must assess the tax that needs to be paid in cash after the offset of the input tax credit availed. Thereafter, it must generate a GST challan either before or after logging into the GST portal or while filing the GST return.
These taxpayers are those who have opted into the QRMP scheme under GST. They must deposit tax in the first two months of a quarter directly using the PMT-6 and make payment while filing GSTR-3B for the last month (3rd month) of the quarter. The snippet given below summarises the process.
The Quarterly Return filing and Monthly Payment of taxes (QRMP) scheme became applicable from January-March 2021 quarter onwards. Under this scheme, the taxpayers can file GSTR-1 and GSTR-3B after the end of the quarter. Accordingly, most of the quarterly GSTR-1 filers are migrated into the scheme. Their payment process varies slightly from the rest of the taxpayers.
The tax payments must be made by the 25th of next month for the first and second month of the quarter, i.e., for example, January and February for Jan-Mar 2021 quarter.
For such taxpayers, while making payment in the form PMT-06, they must select the ‘Monthly payment for quarterly return’ option as the reason and choose either of two methods for payment- Fixed sum or Self-assessment.
Businesses must choose one of the modes of GST payment while generating the GST challan in the form PMT-06. The choice made depends upon the availability of time to file the GST return before the due date, convenience, the banker, etc.
The following are the modes of GST payment available on the GST portal:
Online payments
Net banking
Debit card/credit card (Not activated)
Immediate Payment Services (IMPS)* and
Unified Payment Interface (UPI)*
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