ECONOMICS

New Economic Policy & Govt. Sector

‘Mera Bill Mera Adhikar’ GST reward scheme

  • The government will launch the ‘Mera Bill Mera Adhikar’ invoice incentive scheme.
  • It offers cash prize from 10,000 to 1 crore, from September 1, starting with six States and Union Territories.

Aim – at motivating customers to ask for a bill every time they make purchases

Objective

    • 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 (B2C) purchase of goods or services.
    • launched in – the States of Assam, Gujarat and Haryana; and the UTs of Puducherry, Daman & Diu and Dadra & Nagar Haveli.
  • App Launched by – Central Board of Indirect Taxes and Customs (CBIC)

Eligibility conditions

  • All invoices issued by Goods and Services Tax (GST) registered suppliers to consumers.
  • The minimum purchase value for the invoice to be considered for lucky draw is 200. Individuals can upload a maximum of 25 invoices in a month beginning September.
  • The invoice uploaded on the app should have the GSTIN of the seller, invoice number, amount paid and tax amount.
< Previous Current Affairs Next Economics >

People also Read