Dynamic Q R Code for B2C Supplies

[Prakash and Thiagarajan]

Is dynamic QR code for B2C supplies mandatory (without penalty) effective 01.04.2021 for all companies having a turnover of more than 100 crores who are currently issuing e-invoice for B2B supplies? If so, could you please share the notification details.

[Alkesh Jani]

Shri

Please refer Notification No.14/2020 and 89/2020-CT.

[Ganeshan Kalyani]

I agree with the views of Sri Alkesh Ji. The Govt. has waived the penalty only if the taxpayer starts issuing dynamic QR code w.e.f 01.04.2021.

[POLYPLEX CORPORATIONLTD]

Please refer to Circular No. 146/02/2021-GST dated February 23, 2021

We are deduct penalty/recovery from transporter for damage/ late place of vehicle. also make invoice b2c and pay gst.
Whether QR Code is required as we are debit the Amount form their ledger.

[YAGAY and SUN]

If a supplier has issued an invoice containing a Dynamic QR Code, the invoice will be deemed to have complied with the Dynamic QR Code requirements

In the following cases, if the supplier has digitally displayed the Dynamic QR Code, the requirement will be said to be complied with, if-

The customer pays through credit/debit card or through UPI, and the supplier provides a cross-reference of these payment details on the invoice, such as the transaction ID, date, time, amount, and mode of payment.

The customer pays with cash, and the supplier provides a cross-reference of the date and amount details on the invoice.

AI Summary

Dynamic QR code requirement for B2C invoices: compliance via displayed QR or payment cross references; penalty waived if implemented.
Obligation to include a Dynamic QR Code on B2C invoices is tied to the notified e invoicing cohort and carries a conditional penalty waiver if the taxpayer begins issuing dynamic QR codes from the implementation date. Compliance can be met by embedding a dynamic QR on the invoice or, when the QR is digitally displayed, by providing cross references to payment transaction details for card/UPI (transaction ID, date, time, amount, mode) or date and amount for cash payments, as clarified in the referenced notifications and circular.