CBIC waives the amount of penalty payable by any registered person under section 125 of the CGST Act for non-compliance of the provisions relating to QR code generation in respect of invoices issued by registered person, whose aggregate turnover in a financial year exceeds five hundred crore rupees to an unregistered person (B2C invoice). Condition for waiver is said person complies with the provisions of the said notification from the 01st day of April 2021. This waiver is for the period 01st day of December 2020 to the 31st day of March, 2021.
CBIC has vide Notification No 89/2020 dated 29.11.2020 waived Penalty for noncompliance to QR code provisions if complied by April 01, 2021 for default during the period December 1,2020 to March 31,2021.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
Notification No. 89/2020–Central Tax
Dated: 29th November 2020
G.S.R. 745(E).—In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Government, on the recommendations of the Council, 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 01st day of December, 2020 to the 31st day of March, 2021, subject to the condition that the said person complies with the provisions of the said notification from the 01st day of April, 2021.
[F. No. CBEC-20/16/38/2020-GST]
PRAMOD KUMAR, Director