The Indian government is preparing to launch the anticipated ‘Mera Bill Mera Adhikar’ scheme, which aims to reward individuals for submitting their GST invoices through a mobile app. This initiative intends to encourage proper invoice documentation during business-to-consumer purchases and combat tax evasion.
What is ‘Mera Bill Mera Adhikar’ GST Reward Scheme?
According to undisclosed sources, the scheme will involve monthly or quarterly cash rewards ranging from Rs 10 lakh to Rs 1 crore for users who upload invoices from retailers or wholesalers onto the app. The application, accessible on both iOS and Android, will require users to upload details like the seller’s GSTIN, invoice number, paid amount, and tax amount.
Individuals can submit up to 25 valid invoices each month, provided the minimum purchase amount is Rs 200. The final stages of the scheme’s development include over 500 computerized monthly lucky draws with prizes worth lakhs of rupees. Additionally, two quarterly draws with a Rs 1 crore prize are planned. The scheme might launch this month, as per officials.
The government has previously mandated electronic invoices for business-to-business transactions with annual turnovers exceeding Rs 5 crore to tackle GST evasion. This new scheme seeks to extend electronic invoice usage to business-to-consumer transactions, enabling buyers to participate in lucky draws based on these invoices.
The primary goal of the scheme is to motivate customers to request legitimate invoices from sellers during their consumer purchases. The government’s aim is to enhance tax compliance in business-to-consumer transactions nationwide, benefiting both businesses and consumers.
The GST Network (GSTN) has developed the technology platform that allows consumers to register and upload invoices via the mobile app. Beyond improving tax compliance, the scheme aims to boost consumer spending and curb tax evasion.