Dynamic QR code B2C supplies

[Ravikumar Doddi]

Dear Sir,

Please clarify Notification No.72/2019 Central tax dated 13-12-2019 made it mandatory to those turnover exceeded above 500 crore shall issue invoice bearing dynamic QR code supplies made to B2C. Now is it also applicable above 5crore.

[KASTURI SETHI]

Sh.Ravi Kumar Doddi Ji.

Notification No.72-19(CT) dated 13.12.19 has been superceded vide Notification No. 14/20-CT dated 21.3.2020 and further amended vide Notification No.71/20-CT dated 30.9.2020.

Invoice to be issued by specified registered person, whose aggregate turnover in a financial year exceed ` five hundred crore, to an unregistered person (B2C invoice), to have Dynamic Quick Response (QR) code, w.e.f. 1-10-2020 — Notification No. 72/2019-C.T. superseded

 

 

[GUNASEKARAN K]

Dear Mr.Ravikumar Doddi,

Answer to you query is tabulated below;

Turnover above 500 Crores	E-Invoice for B2B Supplies & Dynamic QR Code Invoice for B2C
Turnover from 5 Crore to 499 Crores	E-Invoice for B2B Supplies is Mandatory

[Shilpi Jain]

DQR for B2C supplies required only for taxpayers with TO > 500 crores. Not for others.

[Lav Prajapati]

Dear sir

• When supply of goods or service to unregistered person (B2C), if
  • if aggregate turnover of any preceding financial year from 2017-18 upto 500 crore - no need to generate Quick Response (QR) code
  • if aggregate turnover of any preceding financial year from 2017-18 more than 500 crore - need to generate Quick Response(QR) code as per notification number 14/2020
  • where such registered person makes a Dynamic Quick Response (QR) code available to the recipient through a digital display, such B2C invoice issued by such registered person containing cross-reference of the payment using a Dynamic Quick Response (QR) code, shall be deemed to be having Quick Response (QR) code.
• Exemption to supplier from generation of Quick Response Code :- Circular No. 146/02/2021-GST has clarified for The exemption & Non applicability of QR code in following cases
  • An insurer or a banking company or a financial institution, including a non-banking financial company
  • A goods transport agency
  • Person supplying passenger transportation service
  • Person supplying services by way of admission to exhibition of cinematograph films in multiplex screens
  • Supplier of OIDAR Services ( under section 14 of IGST Act)
• Various clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of notification 14/2020- Central Tax dated 21^st March, 2020 in the Circular No. 146/02/2021-GST dated 23rd February, 2021.

[Ravikumar Doddi]

Thank you sirs

[Lav Prajapati]

Dear sir Penalty for non-compliance and Waiver of the same

Non-generation of dynamic QR codes for invoices issued by a registered person to unregistered persons with effect from 1st October 2021 by companies having an annual turnover in excess of ₹500 Crores could now attract penalty under section 125 of CGST Act, 2017.

However, videNOTIFICATION NO. 28/2021 – Central Tax dated 30-06-2021, the Government has waived such penalty for non-compliance between the period from 01.12.2020 and 31.09.2021.

[Ganeshan Kalyani]

I agree with the view of Ms. Shilpi mam.

AI Summary

Dynamic QR code requirement for B2C invoices applies to high-turnover registered taxpayers, with specified exemptions and penalty waiver.
Dynamic QR code obligation requires specified registered persons with aggregate turnover above the prescribed threshold to issue B2C invoices containing a Dynamic Quick Response (QR) code from 1 October 2020; notifications superseded earlier rules. The requirement is distinct from the e invoice mandate for B2B supplies, and guidance and circulars list categories exempted from QR generation. Failure to comply attracted penalty under the GST law, subject to an administrative waiver for a specified past period.