In an significant move to promote digital payments in Business to Customer (B2C) transactions through QR Code and GST enablement on UPI, the government has conditionally waived the penalty provisions ...
RBI instructed that no new proprietary QR codes shall be launched by any PSO for any payment transaction. The government on Wednesday deferred by two months the requirement of printing dynamic QR code ...
Though penalty is waived off, not providing QR code would still be treated as non-compliance under GST(MINT_PRINT) New Delhi: The government has deferred till 1 April a penalty provision for issuing ...
In a notification, the Central Board of Indirect Taxes and Customs (CBIC) waived the amount of penalty payable by a registered person for non-compliance of provisions of dynamic QR code in B2C ...
CBIC clarified that there is no need to carry physical copy of tax invoices in such cases and the QR code was sufficient for verification by officers.(Mint) Goods transporters need not carry with them ...
The lack of preparedness from the banks has forced the government to waive off proposed penalty for not implementing dynamic QR code on invoices issued by GST-registered taxpayers with over `500 crore ...
The government has extended the implementation of printing dynamic QR codes on B2C (business-to-consumer) invoices generated by businesses by three months till October 1. QR code printing on B2C ...
Watch Pritin Kumar, a partner at Deloitte India, on ET Now as he discusses the key advantages of the PAN 2.0 Project. This project has introduced upgraded cards with QR codes and has successfully ...