The Quarterly Returns with Monthly Payment (QRMP) Scheme enables qualifying taxpayers to file Forms GSTR-1 and GSTR-3B every quarter while making monthly challan payments for their tax obligations.
The Invoice Furnishing Facility (IFF) allows quarterly taxpayers enrolled in the QRMP system to submit the details of their outgoing supply in the first two months of the quarter (M1 and M2) and transfer the credit to their intended recipients.