RRY Ltd. has two registered places of business, one in the State of Tamil Nadu and another in the State of Karnataka. Aggregate turnover during the…
CA Final · Indirect Tax Laws · PYQS · May 2025
RRY Ltd. has two registered places of business, one in the State of Tamil Nadu and another in the State of Karnataka. Aggregate turnover during the previous financial year 2023-2024 for both the places of business was - 3.27 crore and - 1.47 crore respectively for Tamil Nadu and Karnataka. RRY Ltd. wishes to opt for 'Quarterly Return Monthly Payment' scheme popularly known as QRMP for one of its place of business in the current financial year 2024-25 and wants to continue with regular return filing scheme and to file return on monthly basis for its other place of business. You are required to examine the above case and answer that can RRY Ltd. do so? Explain with reasons with reference to GST law.
Suggested Answer and Working Notes:
(i) Since the aggregate annual turnover (PAN based) of RRY Ltd. in preceding financial year does not exceed 5crore, it can opt for the QRMP scheme. Further, QRMP scheme is GSTIN wise. Since distinct persons can avail QRMP scheme for one or more GSTINs, RRY Ltd. can opt for QRMP scheme for one of its places of business and continue with regular return filing scheme for its other place of business.
Topics: Returns
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