QR CODE B2C TRANSACTION, Goods and Services Tax - GST

[POLYPLEX CORPORATIONLTD]

Dear Experts

'Please refer to Circular No. 146/02/2021-GST dated February 23, 2021

We are deduct penalty/recovery from transporter for damage of company property/ late place of vehicle. also make invoice b2c and pay gst.

Whether QR Code is required as

1. We are debit the Amount form their ledger.

2. Some Driver gives us Cash then we make invoice in B2C.

Regards

Sbansal

Posts / Replies

[ABHISHEK TRIPATHI]

As per Notification No. 14/2020-Central Tax dated 21.03.2020, Invoices with Dynamic QR Code is issued in B2C transaction with an unregistered person by a registered person (B2C invoice) whose annual aggregate turnover exceeds 500 Cr rupees in any of the financial years from 2017-18 onwards.

Dynamic QR Code is not required on the conditions enumerated by you.

I think the company is deducting the amount as penalty and raising the invoices accordingly to pay RCM on GTA.

Whether deduction/penalty should also be part of Invoices with Dynamic QR Code? Is that your question?

[Ganeshan Kalyani]

If the transporter is registered and you are deducting certain amount as penalty under 'tolerating an act', then you are suppose to raise tax invoice. Since it is B2B supply IRN & QR Code is required. And in case transporter is unregistered then B2C invoice is required to be raise with Dynamic QR Code.

[Shilpi Jain]

In case you consider this transaction as taxable and the transporter is not registered DQR required

Also refer Circular no. 146/02/2021-GST