Yes, businesses with an annual aggregate turnover of up to ₹5 crores can file GST returns quarterly under the Quarterly Return Monthly Payment (QRMP) scheme. Under this scheme, GSTR-1 and GSTR-3B are filed quarterly, while tax payments are still required monthly using Form PMT-06.
All taxpayers whose aggregate annual turnover (PAN based) is up to ₹ 5 Crore in the current financial year and the preceding financial year (if applicable) and have already filed their last due Form GSTR-3B return, are eligible for the QRMP scheme.
Reporting periods
Their 12-month year would be the reporting period. Annual Sole Proprietors: The filing deadline is June 15, but the payment deadline is April 30. Quarterly: If your sales are between $1.5 million and $6 million, you must file quarterly. The filing deadline is one month after the reporting period.
GSTR-1: Filed quarterly, by the 13th of the month following the quarter. GSTR-3B: Filed quarterly, by the 22nd or 24th (depending on the state). Tax payment: Made monthly using Form PMT-06.
How often do I file a GST return? You choose to file your GST returns: Every six months, provided the total value of your taxable supplies in any 12 months is not likely to be more than $500,000; or. Every two months, which is the standard 'default' option if you do not elect your own option; or.
GST Return is mandatory for all GST-registered businesses. Regular taxpayers file GSTR-1, GSTR-3B monthly or quarterly, plus annual returns (GSTR-9/9C). Composition dealers file 4 CMP-08 (quarterly) and 1 GSTR-4 (annual). Due dates vary depending on the taxpayer's turnover and the scheme.
Quarter 1: July to September. Quarter 2: October to December. Quarter 3: January to March. Quarter 4: April to June.
How to File Your Quarterly Return
Both GST returns and payment are due one month after the end of the accounting period covered by the return. If you are on GIRO plan for GST payment, GIRO deductions are on the 15th day of the month after the payment due date. You may refer to your acknowledgement page for payment details after you have filed.
GST instalments method (pay quarterly and report annually) You may elect this reporting method if you meet the eligibility requirements, including where you either: carry on a business with an aggregated turnover of less than $10 million.
GSTR-4 is an annual GST return filed by taxpayers under the Composition Scheme, summarizing all quarterly CMP-08 payments. From FY 2024-25, the GSTR-4 due date is 30th June of the following year, offering more time for accurate reconciliation.
If you are a quarterly filer, it is mandatory to file form GSTR-3B and form GSTR-1 of the immediate previous quarter to file the NIL Form GSTR-1 of the current quarter. Example, if you are filing the NIL Form GSTR-1 of September(Q), then GSTR-3B for Apr-Jun 2022 and GSTR-1 for June(Q) 2022 must be filed.
Under the GST regime, some individuals or entities need to deduct tax at source under section 51 of the Central Goods and Services Tax (CGST) Act. GSTR 7 is a monthly return that is required to be filed by these individuals. The form must be filed for each month by the 10th of the following month.
What is the new 3-year filing rule? Starting from December 1, 2025, the GST portal will bar taxpayers from filing any return that is more than three years past its original due date. This means November 2025 is the last chance to file returns for periods like October 2022 or the FY 2020-21 annual return.
What is the due date to file GSTR-1? The due date for filing GSTR-1 depends on the filing frequency. If filed monthly, it's due on the 11th of the succeeding month. For quarterly filers, it's due on the 13th of the month succeeding the end of every quarter.
These are the quarterly payment dates for tax year 2025:
Late submission penalty. A late submission penalty of $200 is imposed immediately when the GST return is not filed by the due date. A further penalty of $200 is imposed for every completed month that the GST F5/F8 return remains outstanding. The maximum penalty amount for each outstanding F5/F8 return is $10,000.
Access the www.gst.gov.in URL. The GST Home page is displayed. Login to the GST Portal with valid credentials. Click the Services > Returns > Opt-in for Quarterly Return option.
How To File Quarterly Taxes
To make your GST/HST instalment payments, use Form RC160, Remittance Voucher – Interim Payments. This form is only available in a personalized and printed format. You still have to make your payment by the due date even if you do not receive your remittance form on time.
Eligibility for Quarterly GST Return: In Detail
Turnover Limit: As mentioned, the taxpayer must have an aggregate turnover of up to ₹5 crores in the previous financial year. It is important to regularly check turnover figures, as exceeding this limit disqualifies the business from quarterly filing.
It must be filed by the 22nd or 24th of the month following the quarter, depending on your state of registration. Despite filing returns quarterly, you still need to pay taxes monthly using Form PMT-06 by the 25th of the following month.
Your GST reporting and payment cycle will be one of the following: Monthly – if your GST turnover is $20 million or more. Quarterly – if your GST turnover is less than $20 million – and we have not told you that you must report monthly. Annually – if you are voluntarily registered for GST.