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Extension on penalty waiver for non-compliance of QR Code till 30.06.2021
Earlier, Notification No. 14/2020-CT dated 21.03.2020 stated that the registered persons having an aggregate turnover of more than Rs. 500 crores in a financial year issuing the invoice to unregistered person (i.e. B2C invoice), shall provide dynamic QR code on such invoice.
Recently, the CBIC vide Notification No. 06/2021 – CT dated 30.03.2021 has extended the waiver of penalty for non-compliance of QR Code provisions 01.12.2020 to 30.06.2021, subject to the condition that the QR Code provisions have complied with w.e.f. 01.07.2021.
It is important to note that penalty for not providing a QR code has been waived, but it would be treated as non-compliance under GST."
Manish Gupta
Founder, FCA, India Entry and Tax Compliance Strategist
“I Don’t Have Dreams, I Have Goals” .
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