CBIC waives Penalty for Non-Compliance to GST Invoice QR Code provisions [Read Notification]

CBIC - Penalty for Non-Compliance - GST Invoice QR Code provisions - TaxscanCBIC - Penalty for Non-Compliance - GST Invoice QR Code provisions - Taxscan

The Central Board of Indirect Taxes and Customs (CBIC) notified the waiver of the amount of penalty for non-compliance to Goods and Service Tax (GST) Invoice QR code provisions between the period from 1 December 2020 to the 30 September 2021.

In other words, the applicability of B2C dynamic QR code provisions extended to September 30, 21 instead of applicable from July 1, 2021.

“The Government on the recommendation of Council and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 89/2020 – Central Tax, dated the 29th November 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide number G.S.R. 745(E), dated the 29th November 2020, except as respects things done or omitted to be done before such supersession, hereby waives the amount of penalty payable by any registered person under section 125 of the said Act for non-compliance of the provisions of notification No.14/2020 – Central Tax, dated the 21st March 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 197(E), dated the 21st March 2020, between the period from the 1st day of December 2020 to the 30th day of September 2021,” the notification read.

Earlier, the CBIC vide Notification No. 06/2021 – Central Tax dated March 30, 2021, amended Notification No. 89/2020 – Central Tax dated November 29, 2020, to extend the waiver of penalty leviable under Section 125 of the CGST Act, 2017 (i.e. general penalty) for non-compliance of provisions of Notification No. 14/2020–Central Tax dated March 21, 2020 (Provisions of Capturing of Dynamic QR Code in GST Invoices) between the period from December 1, 2020, to June 30, 2021, subject to the condition that the said person complies with the provisions of the said notification from July 1, 2021.

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