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<h1>Dynamic QR Code Requirement for B2C Invoices: Applicability and Exemptions for Businesses Over 500 Crore Turnover.</h1> The circular clarifies the applicability of the dynamic QR code requirement on B2C invoices for businesses with an annual turnover exceeding 500 crore rupees, effective from December 1, 2020, as per Notification No. 06/2020-State Tax. It exempts certain services, such as banking and transportation, and exports treated as B2B supplies. The QR code must include specific transaction details, and compliance is deemed met if cross-references of payments are provided on the invoice. Suppliers using e-commerce platforms must comply separately unless cross-references are made. Pre-paid invoices are exempt if payment references are included.