Dynamic Q R Code for B2C Supplies, Goods and Services Tax - GST

[Ganesh S]

Is dynamic QR code for B2C supplies mandatory (without penalty) effective 01.04.2021 for all companies having a turnover of more than 100 crores who are currently issuing e-invoice for B2B supplies? If so, could you please share the notification details.

Posts / Replies

[Alkesh Jani]

Shri

Please refer Notification No.14/2020 and 89/2020-CT.

[Ganeshan Kalyani]

I agree with the views of Sri Alkesh Ji. The Govt. has waived the penalty only if the taxpayer starts issuing dynamic QR code w.e.f 01.04.2021.

[POLYPLEX CORPORATIONLTD]

Please refer to Circular No. 146/02/2021-GST dated February 23, 2021

We are deduct penalty/recovery from transporter for damage/ late place of vehicle. also make invoice b2c and pay gst.
Whether QR Code is required as we are debit the Amount form their ledger.

[YAGAY andSUN]

If a supplier has issued an invoice containing a Dynamic QR Code, the invoice will be deemed to have complied with the Dynamic QR Code requirements

In the following cases, if the supplier has digitally displayed the Dynamic QR Code, the requirement will be said to be complied with, if-

The customer pays through credit/debit card or through UPI, and the supplier provides a cross-reference of these payment details on the invoice, such as the transaction ID, date, time, amount, and mode of payment.

The customer pays with cash, and the supplier provides a cross-reference of the date and amount details on the invoice.