This is to
update you on the recent Notification No.06/2021 – Central Tax dated 30 March
2021 issued by CBIC today.
As per Notification No. 89/2020 - Central Tax
dated 29 November 2020, CBIC has waived the amount of penalty leviable under
section 125 of Central Goods and Services Tax Act, 2017, for not providing
dynamic QR code on B2C invoices during the period December 2020 to March 2021.
Vide Notification no.06/2021 – Central Tax dated 30 March 2021, CBIC has
extended the waiver time limit from 31 March 2021 till 30 June 2021. Thus CBIC
has waived the amount of penalty leviable under section 125 of CGST Act,2017
for not providing dynamic QR code on B2C invoices during the period December
2020 to June 2021.
This
waiver shall be subject to the condition that said registered person complies
with the provisions of the notification for applicability of dynamic QR code
for B2C invoices w.e.f. 1 July 2021.
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