Notification No.: 14/2020 – Central Tax
Date of Notification: 21st March 2020
Relevant Sections and Rules:
- Central GST Rules, 2017:
- Rule 46 (Sixth Proviso) – Mandatory content on tax invoices
- Integrated GST Act, 2017:
- Section 14 – Special provisions for OIDAR services
Summary of Notification
Mandating Dynamic QR Code on B2C Invoices for Large Taxpayers (Turnover > ₹500 Cr):
The Government, on the recommendation of the GST Council and in exercise of the sixth proviso to Rule 46, has notified that:
✅ Applicability:
Registered persons with aggregate turnover exceeding ₹500 crore in a financial year (excluding those covered under Rule 54(2), (3), (4), and (4A) such as banking, transport, and NBFC services), and not being OIDAR suppliers under Section 14 of the IGST Act, must issue B2C invoices containing a Dynamic QR Code.
✅ Deemed Compliance (Digital Display):
If the registered person makes the Dynamic QR Code available digitally (e.g., via display screens) and the invoice includes a cross-reference to the QR-based payment, such invoice will be deemed to contain the mandatory QR Code.
📆 Effective Date:
1st October 2020
This ensures seamless digital payment integration and invoice traceability for high-turnover B2C transactions.
