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<h1>Clarification on Dynamic QR Code Requirements for B2C Invoices; Penalty Waiver If Compliant by July 2021.</h1> The circular clarifies the applicability of Dynamic QR Codes on B2C invoices for businesses with a turnover exceeding 500 crore rupees, as mandated by a 2020 notification. Penalties for non-compliance from December 2020 to June 2021 are waived if compliance begins by July 2021. It addresses various queries, such as the requirement for QR Codes on invoices to those with a Unique Identity Number, the inclusion of UPI ID in QR Codes, handling payments by authorized persons, and invoices for services supplied to foreign recipients. It also covers retail sales where invoice numbers aren't available at payment and adjustments for part-payments.