Clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of notification issued in the G O Ms No.142, Revenue (CT-II) Department, dated 15-5-2020.

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.... the GOI, MOF, DOR, CBIC, Circular No.156/12/2021-GST, dated 21-06-2021. Notification in the G O Ms No.142, Revenue (CT-II) Department, dated 15-5-2020 (Notification No. 14/2020-Central Tax, dated 21st March 2020) had been issued which requires Dynamic QR Code on B2C invoice issued by taxpayers having aggregate turnover more than 500 crore rupees, w.e.f. 01.12.2020. Further, vide notification in G O Ms No.129, Revenue (Commercial Taxes-II) Department, dated 15-6-2021(notification No. 06/2021-Central Tax, dated 30th March 2021), penalty has been waived for non-compliance of the provisions of notification issued in the G O Ms No.142, Revenue (CT-II) Department, dated 15-5-2020 ( notification No.14/2020 - Central Tax) for the period from 01st....

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....on having a UIN, shall be considered as invoice issued for a B2C supply and shall be required to comply with the requirement of Dynamic QR Code. 2. UPI ID is linked to the bank account of the payee/ person collecting money. Whether bank account and IFSC details also need to be provided separately in the Dynamic QR Code along with UPI ID? Given that UPI ID is linked to a specific bank account of the payee/ person collecting money, separate details of bank account and IFSC may not be provided in the Dynamic QR Code. 3. In cases where the payment is collected by some person other than the supplier (ECO or any other person authorized by the supplier on his/ her behalf), whether in such cases, in place of UPI ID of the supplier, the UPI ID ....

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.... number, is generated on the processing system being used by supplier/ merchant after receiving the payment. In such cases, it may not be possible for the merchant/ supplier to provide details of invoice number in the dynamic QR code displayed to the customer on payment counter. However, each transaction i.e. receipt of payment from a customer is having a unique Order ID/ sales reference number, which is linked with the invoice for the said transaction. Whether in such cases, the order ID/ reference number of such transaction can be provided in the dynamic QR code displayed digitally, instead of invoice number. In such cases, where the invoice number is not available at the time of digital display of dynamic QR code in case of over the cou....