Saturday, April 27, 2024

Government to give 1 crore to people as a reward to reduce GST evasion

If you are tech-smart, you will be pleased to hear this news. Yes, shortly regular people will receive compensation for uploading their GST Challan to a mobile app. The government will shortly launch the “Mera Bill Mera Adhikar” scheme after several days of waiting. According to two officials involved in the case, persons who ‘upload’ the bill (invoice) they received from the store or wholesaler on the app can win monthly or quarterly cash awards ranging from Rs 10 lakh to Rs 1 crore.

GST

Only 25 bills can be “uploaded” at once.

The ‘Mera Bill Mera Adhikar’ app will be accessible on both the iOS and Android operating systems. The seller’s GSTIN, the invoice number, the amount paid, and the tax amount should all be included on the “invoice” that is uploaded to the app. A representative also stated that a person is only permitted to “upload” a total of 25 invoices every month, with a minimum bill value of Rs 200. He stated that the idea was being polished and would likely be made public soon.

GST

More than 500 computerized lucky draws will take place.

Every month, more than 500 computerized lucky draws will be conducted as part of the plan. Two lucky draws will be held in a quarter, according to officials. Up to Rs 1 crore may be awarded as prize money. He stated that the plan was being put together. It could debut at the start of September. The government has already made electronic invoicing required for B2B transactions in order to lower the possibility of GST evasion.

GST The “Mera Bill Mera Adhikar” program will also make sure that

electronic invoices are generated for B2C clients so that the buyer is qualified to enter the drawing. When making business-to-consumer (B2C) purchases of products or services covered by GST, the scheme has been set up so that the client can request the bill from the seller at the time of picking up the goods from the shopkeeper.

Read More: This Redmi phone with 24 GB RAM sold out in 5 minutes! this much is price

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