Indian Government launches GST Reward Scheme in 6 States, UTs

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Indian Government launches GST Reward Scheme in 6 States, UTs
01 Sep 2023
4 min read

News Synopsis

'Mera Bill Mera Adhikar' GST Reward Scheme Takes Flight

The Indian government has launched the 'Mera Bill Mera Adhikar' GST reward scheme on a pilot basis in six states and Union Territories (UTs), setting aside a substantial Rs 30-crore corpus for fiscal rewards in the current fiscal year.

Significant Launch in Six States and UTs

The scheme, known as the 'Mera Bill Mera Adhikar' GST lucky draw, was initiated in six states and UTs. The participating regions include Assam, Gujarat, Haryana, and the UTs of Puducherry, Dadra Nagar Haveli, and Daman & Diu.

Mobile App Gains Traction

Haryana Deputy Chief Minister Dushyant Chautala reported that the mobile app for the scheme has already been downloaded by over 50,000 people, indicating significant public interest and participation.

Collaborative Contribution to Prize Money

Revenue Secretary Sanjay Malhotra emphasized that the prize money for the 'Mera Bill Mera Adhikar' GST lucky draw would be contributed equally by both the Centre and the participating states.

This collaborative effort reflects a commitment to fostering transparency and encouraging citizens to engage with the GST system.

Lowering Tax Rates and GST Benefits

Malhotra noted that the implementation of GST has brought benefits to citizens, customers, and governments alike. Monthly revenues have seen a consistent rise, and efforts are ongoing to reduce tax rates under the GST framework. Notably, the average GST rate, which was envisioned at 15 percent before the GST launch, now stands at a more favorable 12 percent.

Robust GST Collections

The government's average monthly GST collection for the current fiscal year has consistently reached Rs 1.60 lakh crore, underscoring the robustness of the GST system.

Scheme Details and Monthly Draws

Under the 'Mera Bill Mera Adhikar' scheme, there will be 810 lucky draws every month. These monthly draws encompass 800 lucky draws for GST invoices, each carrying a prize value of Rs 10,000. Additionally, there will be 10 draws with prizes worth Rs 10 lakh each.

Quarterly Bumper Draws

On a quarterly basis, the scheme will feature two bumper draws, each offering a substantial prize of Rs 1 crore. These draws add an exciting dimension to the initiative, increasing the opportunities for participants to win valuable rewards.

Promoting Awareness of GST Invoices

Sanjay Malhotra emphasized the importance of GST invoices as a right and a necessity for after-sales service. The scheme aims to raise awareness about this crucial aspect, encouraging individuals to exercise their right to obtain GST invoices.

Here are the details of the news :

  • The government has launched a GST reward scheme in six states and UTs on a pilot basis. The states are Assam, Gujarat, Haryana, Puducherry, Dadra Nagar Haveli, and Daman & Diu.

  • The scheme aims to encourage people to collect GST invoices and make them aware of their rights.

  • The corpus for the scheme is Rs 30 crore, which will be contributed equally by the Centre and states.

  • Under the scheme, there will be monthly and quarterly lucky draws.

  • In the monthly draws, there will be 800 prizes of Rs 10,000 each and 10 prizes of Rs 10 lakh each.

  • In the quarterly bumper draws, there will be two prizes of Rs 1 crore each.

  • The scheme is expected to create awareness about GST invoices and encourage people to collect them.

Conclusion: Empowering Citizens and Strengthening the GST System

The launch of the 'Mera Bill Mera Adhikar' GST reward scheme reflects the government's commitment to empowering citizens while fortifying the GST system.

With a significant prize fund and widespread participation, the scheme holds the promise of further enhancing transparency and compliance within the GST framework.

As the program expands and gains momentum, it is expected to foster greater awareness of GST invoices among the public, ultimately benefiting both consumers and the government.

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