TMI BlogDynamic Q R Code for B2C SuppliesX X X X Extracts X X X X X X X X Extracts X X X X ..... Is dynamic QR code for B2C supplies mandatory (without penalty) effective 01.04.2021 for all companies having a turnover of more than 100 crores who are currently issuing e-invoice for B2B supplies? If so, could you please share the notification details. - Reply By Alkesh Jani - The Reply = Shri Please refer Notification No.14/2020 and 89/2020-CT . - Reply By Ganeshan Kalyani - The Reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... = I agree with the views of Sri Alkesh Ji. The Govt. has waived the penalty only if the taxpayer starts issuing dynamic QR code w.e.f 01.04.2021. - Reply By POLYPLEX CORPORATIONLTD - The Reply = Please refer to Circular No. 146/02/2021-GST dated February 23, 2021 We are deduct penalty/recovery from transporter for damage/ late place of vehicle. also make invoice b2c and pay gst. Whether ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... QR Code is required as we are debit the Amount form their ledger. - Reply By YAGAY andSUN - The Reply = If a supplier has issued an invoice containing a Dynamic QR Code, the invoice will be deemed to have complied with the Dynamic QR Code requirements In the following cases, if the supplier has digitally displayed the Dynamic QR Code, the requirement will be said to be complied with, if- The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... customer pays through credit/debit card or through UPI, and the supplier provides a cross-reference of these payment details on the invoice, such as the transaction ID, date, time, amount, and mode of payment. The customer pays with cash, and the supplier provides a cross-reference of the date and amount details on the invoice. - Dynamic Q R Code for B2C Supplies - Query Started By: - Ganesh S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Dated:- 18-2-2021 Goods and Services Tax - GST - Got 4 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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