New Delhi, Although April 1 is celebrated as Fool’s Day all over the world. But this year, this day is going to be very important for the people of India.The government is planning to introduce a lottery under the GST regime from April 1, which will include every bill of transaction between the shopkeeper and buyer in the lucky draw as part of measures to prevent misappropriation in the Goods and Services Tax (GST).An official said that in this lottery, consumers can get a reward of up to one crore rupees. The official said that this lottery scheme has been conceived to encourage customers to ask for bill/receipt of every purchase from shops. This will help in preventing GST theft. There will be no such limit to participate in this lottery whether the receipt is of minimum or maximum amount.
How will you take advantage?
A first winner will be chosen in the lottery, with a big prize. The second and third winners will also be selected at the state level, to participate in this, consumers will have to scan and upload the receipt of any purchase. GST Network is developing a mobile app for this, the app will be available for Android and Apple users by the end of this month.
Where will the reward be given?
A Central Board of Indirect Taxes and Customs Board official said last month that prizes ranging from Rs lakh to Rs 1 crore can be kept in this lottery. The GST Council can give its opinion on the scheme in the meeting of 14 March. The money from this lottery will come from fines in cases of profiteering, the GST Act provides for action against profiteering. In this, penalty money is kept in the Consumer Welfare Fund.
