Dynamic Code For B2C Invoices If Turnover more than Rs.500 crore
1. When is Dynamic QR code applicable? Ans:Taxpayers with an aggregate turnover of more than Rs.500 crore in any preceding financial year (starting from 2017-18) are compulsorily required to generate QR code on their B2C invoices from 1st December 2020 (initially was from 1st October 2020 but was deferred by the Notification No. 71/2020). 2.…
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