TaxTMI 
TaxTMI 
Clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of notification 14/2020- Central Tax dated 21st March, 2020
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....d by the Finance Department, Government of Rajasthan, 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 No. F. 12(1)FD/Tax/2021-298, dated 31st March 2021, penalty has been waived for non-compliance of the provisions of notification No. F.12(46)FD/Tax/2017-Pt.V-153 for the period from 01st December, 2020 to June, 2021, subject to the condition that the said person complies with the provisions of the said notification from 1 July, 2021. Further, various issues on Dynamic QR Code have been clarified vide GST Circular No. 02/2021, dated 25.02.2021. 2. Various references have been received from trade and industry seeking clarific....
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..... 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 of such person, who is authorized to collect the payment on behalf of the supplier, may be provided? Yes. In such cases where the payment is collected by some person, authorized by the supplier on his/ her behalf, the UPI ID of such person may be provided in the Dynamic QR Code, instead of UPI ID of the supplier. 4. In cases, where receiver of services is located outside India, and payment is being received by the supplier of services in foreign exchange, through RBI approved modes of payment, but as per provisions o....
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....action 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 counter sales and the invoice number and invoices are generated after receipt of payment, the unique order ID/ unique sales reference number, which is uniquely linked to the invoice issued for the said transaction, may be provided in the Dynamic QR Code for digital display, as long as the details of such unique order ID/ sales reference number linkage with the invoice are available on the processing system of the merchant/ supplier and the cross reference of such payment along with unique order ID/ sales reference number a....