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TMI BlogQR CODE B2C TRANSACTIONX X X X Extracts X X X X X X X X Extracts X X X X ..... QR CODE B2C TRANSACTION X X X X Extracts X X X X X X X X Extracts X X X X ..... ay gst. Whether QR Code is required as 1. We are debit the Amount form their ledger. 2. Some Driver gives us Cash then we make invoice in B2C. Regards Sbansal Reply By ABHISHEK TRIPATHI: The Reply: As per Notification No. 14/2020-Central Tax dated 21.03.2020, Invoices with Dynamic QR Code is issued in B2C transaction with an unregistered person by a registered person (B2C invoice) whose ann ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ual aggregate turnover exceeds 500 Cr rupees in any of the financial years from 2017-18 onwards. Dynamic QR Code is not required on the conditions enumerated by you. I think the company is deducting the amount as penalty and raising the invoices accordingly to pay RCM on GTA. Whether deduction/penalty should also be part of Invoices with Dynamic QR Code? Is that your question? Reply By Ganesha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n Kalyani: The Reply: If the transporter is registered and you are deducting certain amount as penalty under 'tolerating an act', then you are suppose to raise tax invoice. Since it is B2B supply IRN & QR Code is required. And in case transporter is unregistered then B2C invoice is required to be raise with Dynamic QR Code. Reply By Shilpi Jain: The Reply: In case you consider this tran ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... saction as taxable and the transporter is not registered DQR required
Also refer Circular no. 146/02/2021-GST X X X X Extracts X X X X X X X X Extracts X X X X
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