QR code with embedded Invoice Reference Number enables electronic invoice verification in lieu of physical tax invoice. Amends the MGST Rules to require a Quick Response code with an embedded Invoice Reference Number (IRN) where invoices are issued under the electronic invoicing sub-rule, and permits the QR code with embedded IRN to be produced electronically for verification by the proper officer in lieu of a physical tax invoice. The amendment also empowers the Commissioner, on Council recommendations, to exempt persons or classes of registered persons from issuing such invoices for specified periods subject to conditions by notification.
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Provisions expressly mentioned in the judgment/order text.
QR code with embedded Invoice Reference Number enables electronic invoice verification in lieu of physical tax invoice.
Amends the MGST Rules to require a Quick Response code with an embedded Invoice Reference Number (IRN) where invoices are issued under the electronic invoicing sub-rule, and permits the QR code with embedded IRN to be produced electronically for verification by the proper officer in lieu of a physical tax invoice. The amendment also empowers the Commissioner, on Council recommendations, to exempt persons or classes of registered persons from issuing such invoices for specified periods subject to conditions by notification.
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