Dynamic QR code on GST B2C invoices
Dynamic Qr Invoices For Gst Compliant Businesses. So, in this blog, we will try to explain the dynamic qr code concept under gst. Which businesses are required to generate gst compliant dynamic qr codes?
Such dynamic qr code shall be deemed to be the qr code for this purpose. The business should mandatorily comply with the dynamic. Gst dynamic qr code for b2c invoices: So, in this blog, we will try to explain the dynamic qr code concept under gst. The cbic vide circular no. “cbic tweeted that no fine under section 125 of cgst law, shall be levied for not creating dynamic qr (quick response) code on bussiness to customer invoice amid 1st dec 2020, to 30th september 2021”. Gst dynamic qr code for b2c invoices: If an invoice is issued with a dynamic qr code, then it shall be treated as deemed compliance with the dynamic qr code. Deputy general manager, ntpc limited. Moreover, the government has decided to launch the dynamic qr code concept from 1 st december 2020.
It’s a known fact that the government has been pushing for a wide variety of digitisation and automation measures in the country. The concept of upi qr code is being followed by digital payment processors and is also available under the income tax law. We chose paytm because of their super quick and easy integration with our billing system. However there are many configuration options s available. Printing of dynamic qr code of upi id on invoices on b2c invoices. The cbic vide circular no. The business should mandatorily comply with the dynamic. The seller may himself generate a dynamic qr code for this purpose by using a qr code making software. Gst dynamic qr code for b2c invoices: If an invoice is issued with a dynamic qr code, then it shall be treated as deemed compliance with the dynamic qr code. Deputy general manager, ntpc limited.
