The CBIC vide Notification No. 89/2020 – Central Tax dated November 29, 2020 has waived the penalty leviable under Section 125 of the CGST Act, 2017 (i.e. general penalty) for non-compliance of provisions of Notification No. 14/2020–Central Tax dated March 21, 2020 (QR Code provisions) between the period from December 1, 2020 to March 31, 2021, subject to the condition that the said person complies with the provisions of the said notification from April 1, 2021.
It may be noted that QR Code provisions were made applicable initially from October 1, 2020, in respect of B2C supplies by registered persons whose aggregate turnover in any preceding financial year from 2017-18 onwards exceeds Rs. 500 crore (except few exempted persons) vide Notification No. 14/2020–Central Tax dated March 21, 2020, which was later deferred to December 1, 2020 vide Notification No. 71/2020–Central Tax dated September 30, 2020.
The Notification can be accessed at: http://www.egazette.nic.in/WriteReadData/2020/223414.pdf