Explorer

‘Mera Bill Mera Adhikar’ GST Reward Scheme To Launch Soon, Consumers Will Be Awarded Through Lucky Draws

The scheme is designed to incentivise customers who request for legitimate invoices from sellers during the B2C (business to consumer) purchase of goods or services.

The government is expected to soon launch it’s awaited ‘Mera Bill Mera Adhikar’ scheme, revealed two government officials. The scheme will reward individuals for uploading their GST invoices on a mobile application. 

In conversation with PTI, two anonymous officials noted that the new scheme will include a cash prize of Rs 10 lakh to Rs 1 crore on a monthly or quarterly basis, which will be provided to individuals who upload invoices received from retailers or wholesalers on the app.

The app will be available for both IOS and Android users and will require users to upload the invoice with the GSTIN of the seller, invoice number, paid amount, and tax amount. The app will allow an individual to upload a maximum of 25 legitimate invoices in a month, with a minimum purchase amount of Rs 200, the official stated. 

The scheme, which is in the final stages, will include more than 500 computerised lucky draws conducted on a monthly basis with prize money worth lakhs of rupees. While two lucky draws will be conducted quarterly with prize money worth Rs 1 crore. The scheme is expected to launch as soon as possible, potentially even as early as this month, the officials noted. 

The government has already mandated electronic invoices for B2B transactions with annual turnover exceeding Rs 5 crore, in an attempt to curb GST evasion. The new scheme will help promote electronic invoice generation at the B2C level and will also allow the buyer to participate in the lucky draw on this basis, the report stated.

The official further noted that the scheme is designed to incentivise customers who request for legitimate invoices from sellers during the B2C (business to consumer) purchase of goods or services. The government hopes to promote tax compliance at the B2C level among businesses and consumers across the country through this scheme, the official added. 

The technology platform which will allow consumers to register and upload invoices on a mobile application has been developed by the GST Network (GSTN). In addition to tax compliance, the scheme is aimed at increasing consumer spending and keeping a check on tax evasion, the officials stated. 

Also Read : GQG Increases Stake In Adani Ports To More Than 5%, Total Investment In Adani Firms Stands at Rs 38,700 Crore

Top Headlines

Domestic LPG Price Hiked By Rs 29 Per Cylinder From Today, Rate In Delhi Hits Rs 942
Domestic LPG Price Hiked By Rs 29 Per Cylinder From Today, Rate In Delhi Hits Rs 942
Quote Of The Day | Elon Musk’s Success Mantra For Aspiring CEOs And Entrepreneurs
Quote Of The Day | Elon Musk’s Success Mantra For Aspiring CEOs And Entrepreneurs
Cooking Oils to Be Sold Only in 9 Standard Sizes; New Rules Announced
Cooking Oils to Be Sold Only in 9 Standard Sizes; New Rules Announced
Delhi-NCR’s Daily Petrol, Diesel Consumption Will Leave You Stunned
Delhi-NCR’s Daily Petrol, Diesel Consumption Will Leave You Stunned

Videos

Crime: Reward Increased to ₹1 Lakh for Accused in Ghazipur Vineet Murder Case
Breaking: US–Israel Rift Deepens Amid Allegations of Intelligence Tensions Over Iran Policy
Accident: Chef’s Statement Reveals Possible Electrical Fault Behind Blaze
Politics: Dhirendra Shastri Raises Concerns Over ‘Friendship Jihad’ in Rajkot Speech
Geopolitics: Unverified Claims Circulate About Iran’s Leadership and Supreme Leader Succession

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget