GST Invoice: Penalty Waiver Extended For Failure to Capture Dynamic QR Code

The Central Board of Indirect Taxes and Customs (CBIC) has extended the deadline for non-implementation of the dynamic quick response code, which is needed for companies with a turnover of more than Rs 500 crore, until June 30, 2021. The Board stated in a notification released Tuesday that the three-month waiver will be available with the condition that enforcement will be necessary beginning July…