Govt to roll out 'Mera Bill Mera Adhikar' GST reward scheme from Sept 1; Details inside-

New Delhi, Aug 22: In a significant development, the government will roll out the 'Mera Bill Mera Adhikar' invoice incentive scheme, which offers cash prize from Rs 10,000 to Rs 10 lakh to Rs 1 crore, from September 1.

 

 

 

The scheme will be launched in Haryana, Assam, Gujarat and the union territories of Dadra and Nagar Haveli, Daman and Diu, and Puducherry, the ministry said.

 

"Invoice incentive scheme which allows you to earn cash prizes on upload of GST Invoices," the CBIC said in a tweet.

 

All invoices issued by Goods and Services Tax (GST) registered suppliers to consumers will be eligible for the 'Mera Bill Mera Adhikar' scheme, under which monthly and quarterly draw of lots will be made and winners will be eligible for cash reward prize beginning from Rs 10,000 to up to Rs 1 crore.

 

 

The minimum purchase value for the invoice to be considered for lucky draw is ₹200 and individuals can upload a maximum of 25 invoices in a month beginning September 1.

 

The 'Mera Bill Mera Adhikar' mobile app will be made 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.

 

The scheme is conceptualised in a way to incentivise citizens and consumers to ask for genuine invoices from the seller when making business-to-consumer (B2C) purchases of goods or services.

 

This is the latest effort by tax authorities to increase GST compliance. Central and state authorities have previously taken several steps, such as increased reporting requirements and use of data analytics, to improve tax compliance. This, along with healthy economic growth, has helped improve GST collections.

 

It is pertinent to mention that the union government and states collected Rs 1.65 trillion in July, the third-largest monthly sum since GST was introduced in 2017.