CBIC amends CGST Rules to prescribe QR-code in case of e-invoicing

CBIC mandates that an invoice shall contain Quick Reference code, having embedded Invoice Reference Number (IRN) in it, in case invoice has been issued in the manner prescribed under sub-rule (4) of rule 48 (e-invoicing mechanism); Further, provides that the Commissioner may, on the recommendations of the Council, by notification, exempt a person or a class of registered persons from issuance of e-invoice for a specified period, subject to such conditions and restriction...