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TMI BlogClarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of notification F.1-11(91)-TAX/GST/2020(Part-II) dated 20th May 2021 published in the Tripura Gazette, Extraordinary Issue, vide number 1212, dated the 20th May 2021, corresponding to the Central Notification No. 14/2020 – Central Tax dated 21st March 2020X X X X Extracts X X X X X X X X Extracts X X X X ..... - GST (State) To The Additional Commissioner of State Tax/ Deputy Commissioner of State Tax/ Assistant Commissioner of State Tax (CDC)/II/ Superintendent of State Tax (All)/ Inspector of State Tax (All) Subject : Clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of notification F.1-11(91)-TAX/GST/2020(Part-II) dated 20 th May 2021 published in the Tripura Gazette, Extraordinary Issue, vide number 1212, dated the 20 th May 2021, corresponding to the Central Notification No. 14/2020 Central Tax dated 21 st March 2020- Reg. The Government of India, Ministry of Finance, Department of Revenue. Central Board of Indirect Taxe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oners / Principal Commissioners / Commissioners of Central Tax (All) The Principal Director Generals / Director Generals (All) Madam/Sir, Subject: Clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of notification 14/2020- Central Tax dated 21st March, 2020 - Reg. Notification No. 14/2020-Central Tax, dated 21st March 2020 had been issued which requires Dynamic QR Code on B2C invoice issued by taxpayers having aggregate turnover more than 500 crore rupees, w.e.f. 01.12.2020 . Further, vide notification No. 06/2021-Central Tax, dated 30th March 2021, penalty has been waived for non-compliance of the provisions of notification No.14/2020 Central Tax for the per ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... omply with the requirement of Dynamic QR Code. 2. UPI ID is linked to the bank account of the payee/ person collecting money. Whether bank account and IFSC details also need to be provided separately in the Dynamic QR Code along with UPI ID? Given that UPI ID is linked to a specific bank account of the payee/ person collecting money, separate details of bank account and IFSC may not be provided in the Dynamic QR Code. 3. In cases where the payment is collected by some person other than the supplier (ECO or any other person authorized by the supplier on his/ her behalf), whether in such cases, in place of UPI ID of the s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t from the customer in received on the payment counter by displaying dynamic QR code on digital display, whereas the invoice, along with invoice number, is generated on the processing system being used by supplier/ merchant after receiving the payment. In such cases, it may not be possible for the merchant/ supplier to provide details of invoice number in the dynamic QR code displayed to the customer on payment counter. However, each transaction i.e. receipt of payment from a customer is having a unique Order ID/ sales reference number, which is linked with the invoice for the said transaction. Whether in such cases, the order ID/ reference number of such transaction can be provided in the dynamic QR code displayed digitally, instead of inv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nst invoice value . The details of total invoice value, along with details/ cross reference of the part-payment/ advance/ adjustment done, and the remaining amount to be paid, should be provided on the invoice. 3. Circular No. 146/2/2021-GST, dated 23.02.2021 stands modified to this extent. 4. It is requested that suitable trade notices may be issued to publicize the contents of this circular. 5. Difficulty, if any, in the implementation of the above instructions may please be brought to the notice of the Board. Hindi version would follow. (Sanjay Mangal) Commissioner - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagem ..... X X X X Extracts X X X X X X X X Extracts X X X X
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