Dynamic QR code if payment received by adjustment

[KARAN VERMA]

Sir, dynamic QR code applicable on me because sale more than ₹ 500 crores.

My question is if i am receiving 100% advance amount in cash before issuing invoice, whether I need to comply with QR code on invoice.

Further, if I m not receiving cash from customer and adjust such transaction amount with credit balance of such customer because he is already my supplier. Suppose I m purchase from him ₹ 500 and sale to him one minor item for ₹ 100 and paid him net ₹ 400. In such case, i m not receiving any money from him on account of sale, then whether still I need to issue QR code invoice.

AI Summary

Dynamic QR Code Needed on Invoices for Full Advance Payments Unless Payment Reference is Clearly Indicated A user inquired about the necessity of including a dynamic QR code on invoices when receiving 100% advance payments or when adjusting transactions with a supplier. The responses clarified that if the payment reference is indicated on the invoice, the dynamic QR code requirement is fulfilled. However, if not, a QR code must be generated. It was advised to include the QR code on the invoice to prevent any compliance issues or confusion.