Authority and Scope:
Issued under the sixth proviso to rule 46 of the CGST Rules, 2017.
Applicable to registered persons with aggregate turnover exceeding INR 500 crore in a financial year.
Requirement:
B2C invoices must contain a Dynamic Quick Response (QR) code.
Excludes specific categories mentioned in rule 54(2), (3), (4), and (4A), and Section 14 IGST Act, 2017.
Alternative Method:
Digital display of Dynamic QR code allowed with cross-reference to payment.
Such invoices are deemed to have QR code compliance.
Effective Date:
Notification effective from October 1, 2020.
Purpose:
Enhances transparency and enables efficient payment tracking.
Streamlines compliance for large-scale taxpayers.
Supersession:
Supersedes notification No. 72/2019 - Central Tax, dated December 13, 2019.