GST reward scheme on anvil; lucky draw of Rs 1 cr up for grabs

The ‘Mera Bill Mera Adhikar’ mobile app will be available on both IOS and android platforms. The invoice uploaded on the app should have the GSTIN of the seller, invoice number, amount paid and tax amount

Update: 2023-08-20 23:30 GMT

Representative Image

NEW DELHI: Individuals may soon get rewarded for uploading GST invoice on a mobile app as the government is likely to launch the long awaited ‘Mera Bill Mera Adhikar’ scheme soon.

Under the invoice incentivisation scheme, cash prize of Rs 10 lakh to Rs 1 crore monthly/quarterly could be given to individuals who upload invoice received from retailer or wholesaler on the app, two officials said.

The ‘Mera Bill Mera Adhikar’ mobile app will be available on both IOS and android platforms. The invoice uploaded on the app should have the GSTIN of the seller, invoice number, amount paid and tax amount.

An individual would be able to upload a maximum of 25 genuine invoices in a month on the app and the invoice should have a minimum purchase value of Rs 200, an official said. Over 500 computerised lucky draws would be conducted every months where prize money could run into lakhs of rupees. Two lucky draws will be done in a quarter where the prize amount could be Rs 1 crore, officials said.

The scheme is in the process of being finalised, they said, adding it could be launched as early as this month.

To curb the menace of GST evasion, the government has already made electronic invoice mandatory for B2B transactions where the annual turnover exceeds Rs 5 crore.

The ‘Mera Bill Mera Adhikar’ scheme would ensure electronic invoice generation even in case of B2C customers so as to enable the buyer to be eligible to participate in the lucky draw.

The scheme is conceptualised in a way so as to incentivise citizens and consumers to ask for genuine invoices from the seller when making business to consumer purchase of goods or services, which are under the purview of GST.

Tags:    

Similar News