CBIC extends waiver of penalty for non-compliance of dynamic QR code requirements for B2C transactions



Quick Summary
The Central Board of Indirect Taxes and Customs (CBIC) has extended the waiver of penalties for businesses that have not complied with dynamic QR code requirements for Business-to-Consumer (B2C) transactions. This extension means businesses now have until June 30, 2021, to meet these requirements without facing penalties. The original deadline was March 31, 2021.

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3,
SUB-SECTION (i)]

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS
Notification No. 06/2021 – Central Tax
New Delhi, the 30th March, 2021

G.S.R……(E):- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Government, on the recommendations of the Council, hereby makes the following amendments in 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, namely:–

QR Code Penalty Waiver Extended for B2C Transactions

In the said notification, –

(i) in the first paragraph, for the figures, letters and words, "31st day of March", the figures, letters and words "30th day of June", shall be substituted;

(ii) in the first paragraph, for the figures, letters and words, "01st day of April", the figures, letters and words "1st day of July", shall be substituted.

[F. No-20/16/38/2020-GST]
(Rajeev Ranjan)
Under Secretary to the Government of India

Note: The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i) vide notification No. 89/2020-Central Tax, dated the 29th November, 2020, published vide number G.S.R. 745(E), dated the 29th November, 2020

FAQ :

The CBIC has extended the waiver of penalties for non-compliance with dynamic QR code requirements for B2C transactions.

The new deadline for compliance with dynamic QR code requirements is June 30, 2021.

The previous deadline for compliance was March 31, 2021.

This extension specifically applies to Business-to-Consumer (B2C) transactions.

The notification amends a previous one to extend the period during which penalties are waived for non-compliance with dynamic QR code requirements.




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