This notification mandates that registered persons having aggregate turnover exceeding ₹500 crore shall issue B2C invoices containing a Dynamic QR Code to enable digital payment and invoice verification. It supersedes Notification No. 72/2019 – Central Tax and extends the implementation date to 01 October 2020. Where the Dynamic QR Code is provided through digital display, the invoice shall be deemed compliant. The measure promotes digitisation and ease of payment.

Amendment:

Yes it has been amended through notification 71/2020,