30 day grace period for those who are not yet ready for GST e-invoice : CBIC
As a last chance, in the initial phase of implementation of e-invoice, it has been decided that the invoices issued by such taxpayers during October 2020 without following the manner prescribed under rule 48(4), shall be deemed to be valid and the penalty leviable under section 122of the CGST Act, 2017, for such non-adherence to provisions, shall stand waived if the Invoice Reference Number (IRN) for such invoices is obtained from the Invoice Reference Portal (IRP) within 30 days of date of invoice.
CBIC Notification No -72
QR code in invoice as electronic form is acceptable in lieu of physical copy of tax invoice
CBIC Notification No -71
Amend notification 14/2020- Central Tax to extend the date of implementation of the Dynamic QR Code for B2C invoices till 01.12.2020.
CBIC Notification No -70
Amend notification no. 13/2020-Central Tax dt. 21.03.2020. (cosmetic changes qualifying financial year and including the word “or for exports” after “.. to a registered person
CBIC Notification No -69
Extension for GSTR 9 & GSTR 9 C by one month
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