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Dynamic QR code if payment received by adjustment

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..... Dynamic QR code if payment received by adjustment
Query (Issue) Started By: - KARAN VERMA Dated:- 8-11-2021 Last Reply Date:- 10-11-2021 Goods and Services Tax - GST
Got 3 Replies
GST
Sir .....

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..... , dynamic QR code applicable on me because sale more than ₹ 500 crores. My question is if i am receiving 100% advance amount in cash before issuing invoice, whether I need to comply with QR cod .....

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..... e on invoice. Further, if I m not receiving cash from customer and adjust such transaction amount with credit balance of such customer because he is already my supplier. Suppose I m purchase from him .....

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..... ₹ 500 and sale to him one minor item for ₹ 100 and paid him net ₹ 400. In such case, i m not receiving any money from him on account of sale, then whether still I need to issue QR c .....

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..... ode invoice. Reply By Shilpi Jain: The Reply: If cross reference of the payment received either through electronic mode or through cash or combination thereof is made on the invoice, then the requi .....

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..... rement of DQR has been complied with as per the circular issued Reply By Shilpi Jain: The Reply: However if the payment reference is not given in the invoice then the QR code will have to be generat .....

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..... ed Reply By Ganeshan Kalyani: The Reply: It is advisable to comply with dynamic quick response code requirement by printing the code on the face of the invoice. It avoids all sort of doubts and quer .....

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..... y with respect to said Code.
Discussion Forum - Knowledge Sharing .....

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