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Indirect Tax Alert: Extension of penalty waiver up to June 30, 2021 for not containing QR code in B2C supply invoices

31 March 2021

The CBIC vide notification no:14/2020-CT, dated 21 March 2020 read with notification no. 71/20 – Central Tax dated 30 September 2020 required the printing of a Dynamic QR Code on B2C invoice issued by taxpayers having aggregate turnover more than INR 5bn, w.e.f. 01 December 2020, other than

  • Insurer or Banking company or a financial institution, including a non-financial banking company.
  • Goods transport agency supplying services in relation to transportation of goods by road in a goods carriage.
  • Supplier of passenger transportation service.
  • Supplying services by way of admission to exhibition of cinematograph films in multiplex screens.

Further, the CBIC vide notification no. 89/2020- Central Tax dated 29 November 2020, in exercise of the powers conferred by section 128 of the CGST Act, 2017, waived the amount of penalty payable by any registered person under section 125 of the said Act for non-compliance of the provisions of notification No.14/2020 – Central Tax, dated  21 March 2020 for the period from 01 December 2020 to 31 March 2021, subject to the conditions that the said person complies with the provisions of the said notification from  01 April 2021. The said penalty waiver has been further extended to 30 June 2021 vide notification no: 6/2021- Central Tax dated 30 March 2021.

Taxpayers shall refer to the Circular no:146/02/2021-GST dated 23 February 2021 for parameters/details required to be captured in the QR Code and other related compliance requirements.

[CBIC Notification no: 6/2021- Central Tax dated 30 March 2021]