CBIC waives off the penalty for the non-compliance with the mandatory issue of QR code

Dec 03, 2020 | by Avantis RegTech Legal Research Team

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Finance & Taxation Compliance

The Central Board of Indirect Taxes and Customs (CBIC) has issued a notification to waive off the penalty payable for the non-compliance of the provisions of notification no. 14/2020- Central Tax dated March 21, 2020 which specifies that a person who is registered and has an aggregate turnover of more than five hundred crores in the financial year shall mandatorily have a QR code.

 

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