TaxTMI 
TaxTMI 
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.
Dynamic Q R Code for B2C Supplies
18 Feb 2021 
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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. (AI Summary)
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. (AI Summary)