QR CODE B2C TRANSACTION

[POLYPLEX CORPORATIONLTD]

Dear Experts

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

We are deduct penalty/recovery from transporter for damage of company property/ late place of vehicle. also make invoice b2c and pay gst.

Whether QR Code is required as

1. We are debit the Amount form their ledger.

2. Some Driver gives us Cash then we make invoice in B2C.

Regards

Sbansal

AI Summary

Dynamic QR Code Required for B2C Invoices if Company Turnover Exceeds 500 Crore Rupees Annually; Check Circular No. 146/02/2021-GST A company inquires whether a QR Code is necessary for B2C invoices when deducting penalties from transporters for property damage or late vehicle placement. An expert clarifies that a Dynamic QR Code is required for B2C invoices if the company's turnover exceeds 500 crore rupees annually. If the transporter is registered, a tax invoice with IRN and QR Code is needed for B2B transactions. If unregistered, a B2C invoice with a Dynamic QR Code is required. Another expert suggests referring to Circular No. 146/02/2021-GST for further guidance.