Sir, what is Dynamic QR Code on B2C invoices?is this applicable if turnover more than 50 crs?

Reply- B2C invoices are exempt from e-invoicing. However, a taxpayer is required to generate a dynamic QR code for enabling digital payments on all B2C invoices as per Notification No. 14/2020-Central Tax dated 21.03.2020.

The notifications have directed all taxpayers with an annual turnover of more than Rs.500 crore in any preceding financial year  to  compulsorily  generate QR code on their B2C invoices from 1st December 2020 (initially was from 1st October 2020 but was deferred by the Notification No. 71/2020).

Further, the CGST Notification no. 06/2021dated 30th March 2021 waived the penalty leviable on non-compliance of this requirement from 1st December 2020 up to 30th June 2021.