Recently, CBIC had issued clarifications in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of Notification No. 14/2020- C.T. dated March 21, 2020. Please refer to clarifications here. On the basis of feedback received from our members, USISPF has submitted a detailed note highlighting the need for additional clarifications. To discuss the feedback and to share further suggestions to the Government forum did back to back meetings with CBIC, GST policy wing and also with the GST council secretariate. Given that guidelines were only recently and the need for additional time for companies to implement this compliance, Forum has now requested GST council secretariate and the CBIC for deferring the date of implementation.
© 2022. USISPF Tax Forum. All rights reserved.