QR CODE : INTRODUCTION OF MENTIONING OF QUICK RESPONSE CODE FOR B2C TRANSACTIONS.
The Goods and
Services Tax Act, 2017 came into force in India with effect from 1.7.2017.
The Central
Government has notified that an invoice issued by a registered person, whose
aggregate turnover in a financial year exceeds five hundred crores, to an
unregistered person shall have Quick Response (QR) Code.
The Central
Government has also stated that where such
registered person makes a Dynamic Quick Resonse (QR) code available to
the recipient through a digital display, such B2C invoice issued by such
registered person containing cross-reference of the payment using a Dynamic
Quick Response (QR) Code.
The Central
Government has announced that the above order will come into force with effect
from 1.4.2020.
Now the Central
Government has postponed the introduction of Quick Response (QR) Code with
effect from 1.10.2020 instead of 1.4.2020.
The relevant
Notifications were given below for ready reference.
[TO BE PUBLISHED IN THE GAZETTE OF INDIA,
EXTRAORDINARY, PART
II,SECTION 3, SUB-SECTION (i)]
Government of India Ministry
of Finance Department of Revenue
Central Board of Indirect
Taxes and Customs
Notification No.
72/2019 – Central Tax
New Delhi, the 13th December,
2019
G.S.R. …..(E).— In exercise of the powers conferred by
the
sixth proviso to rule 46 of the
Central Goods and Services Tax Rules, 2017
(hereinafter referred to as the said rules), the
Government, on the recommendations of the Council, hereby notifies that an invoice issued
by a
registered person, whose aggregate turnover in a financial year exceeds five hundred crore rupees, to an unregistered person
(hereinafter referred to as B2C invoice), shall have Quick Response
(QR)code:
Provided that where such registered person
makes a Dynamic Quick Response (QR) code available to the recipient through
a
digital
display, such B2C
invoice issued by
such registered person
containing cross-reference
of the payment using
a Dynamic
Quick Response
(QR) code, shall be deemed to be having Quick Response (QR) code.
2.
This notification shall come
into force from the 1st
day of April, 2020.
[F. No. 20/13/01/2019-GST] (Ruchi
Bisht)
Under Secretary to
the Government of India
[To be published in
the
Gazette of India, Extraordinary, Part II, Section 3, Sub-section(i)]
Government of India Ministry of Finance
Department of Revenue
Central Board of Indirect Taxes and Customs
Notification No. 14/2020–
Central Tax
New Delhi, the 21st March,
2020
G.S.R. …..(E).— In exercise of the powers conferred by the sixth proviso to rule 46 of the
Central Goods and Services Tax Rules, 2017
(hereinafter referred to as the said rules), the
Government, on the recommendations of the Council, and in supersession of the notification of the Government of India in the
Ministry of Finance, Department of Revenue No. 72/2019 –
Central Tax, dated the 13th December, 2019, published in the Gazette of India, Extraordinary,
Part II, Section 3, Sub-section (i) vide number G.S.R 928(E), dated the 13th December, 2019, except as respects things done or omitted to be done before such supersession, hereby notifies
that an invoice issued by a registered person, whose aggregate turnover in a financial year exceeds five hundred crore rupees, other than those referred to in sub-rules (2), (3), (4) and
(4A) of rule 54 of said rules,
and registered person referred to in section 14 of the
Integrated Goods and Services Tax Act, 2017, to an unregistered person (hereinafter referred to as B2C
invoice), shall have Dynamic Quick
Response (QR) code:
Provided that where such registered person makes a Dynamic Quick Response
(QR) code available to the recipient through a
digital display, such B2C invoice issued
by such registered person containing cross-reference of the payment using
a Dynamic Quick Response (QR) code, shall be
deemed to be having Quick Response (QR)
code.
2. This notification shall come into force from
the 1st day of
October, 2020.
[F. No.20/06/03/2020-GST]
(Pramod Kumar) Director, Government of
India