As per Notification No. 14/2020-Central Tax, dated 21 March 2020, taxpayers having an aggregate turnover of more than INR 500 crores had to include a Dynamic Quick Response (QR) code mandatorily in the B2C invoices issued by them, from 1 December 2020. However, via Notification No. 89/2020- Central Tax, dated 29 November 2020, the penalty for non-compliance of the QR code requirements on B2C invoices was waived off provided that the taxpayers will comply with the provisions (include QR codes in B2C invoices) from 1 April 2021
Source: mastersindia.co
