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<h1>Dynamic QR Code Requirement for B2C Invoices: Businesses Over Rs. 500 Crore Turnover Must Comply, Effective December 1, 2020.</h1> The circular clarifies the applicability of Dynamic QR Codes on B2C invoices for businesses with an annual turnover exceeding 500 crore rupees, effective from December 1, 2020. It exempts certain services like banking, insurance, and transportation from this requirement. Dynamic QR Codes must include specific details such as the supplier's GSTIN, UPI ID, and invoice information. Compliance is deemed if cross-references of payments are noted on the invoice, even if the QR Code is not used for payment. Pre-paid invoices comply if payment references are included. Suppliers using e-commerce platforms must still adhere to these requirements individually.