Notification No. 89/2020 - Central Tax, dated 29th November 2020 :

Penalty U/s 125 of the CGST Act 2017 [ General Penalty upto Rs. 50,000 ] for non-compliance with the requirement of "Dynamic QR Code" for B2C transactions as per Notification 14/2020 has been waived till 31st March 2021, subject to the condition of compliance with the provisions from 01st April, 2021.