Answer: Rs 5 crore
Notes: The Central Government has launched the Quarterly Return filing & Monthly Payment of Taxes (QRMP) scheme for small taxpayers under GST system.
Under the scheme, taxpayers with aggregate annual turnover of up to Rs 5 crore in the previous financial year are eligible for this scheme. Those tax-payers should also have filed their October GSTR-3B (sales) return by November 30, 2020.
