The lottery plan aims to keep the lottery daily and monthly for customers who take a copy of the invoice after paying GST(Government lottery plan for GST).
Government lottery plans plan for GST paying customers
The Ministry of Finance is planning a lottery plan to entice customers to pay GST.
A senior Finance Ministry official told ANI that this would be a step to improve compliance and monitor tax leakage.
The official said the lottery system plan is to keep the lottery daily and monthly for customers who take a copy of the invoice after paying GST for consumer business transactions.
The invoice must be uploaded to a portal or custom app that will be created later. The official added that the portal application will automatically pick up the phone number, invoice number and GST number of the trader through which the winners will be selected.
Once consensus is reached at the officer level, it will be put before the GST Council meeting.
The monthly bonus via the lottery will be “high” to attract customers to pay GST. It will also help clear GST groups.
Minimum bills will be set to participate in the lottery and exclude utility bills.
Online Lottery Portal (Daily / Monthly)
The lottery system portal that is paid to customers online will be launched by the Indian government. All invoices must be uploaded to the portal or custom app to be created later. The GST online lottery portal or app will automatically pick up the phone number, invoice number, and GST traders. These details will be useful in selecting online lottery winners for GST(gst site) Paying customers. After reaching a consensus at the officer level, the online GST lottery plan will be developed in front of the GST board at the meeting.
GST lottery monthly rewards will be high to attract customers to pay GST and will also collect GST collections. The central government. The minimum billing threshold will be decided to participate in the GST online lottery scheme. However, water and electricity bills will not be considered valid for participation in this scheme.
Online lottery program award
The online lottery prize for customers paying GST will come from the Consumer Welfare Fund. This new scheme for taxpayers will follow lines similar to the Delhi Government’s scheme to reward customers for paying VAT.
Government of Delhi. Bill Panau, Bao Inam’s plan was introduced in 2015 during the VAT system. According to this scheme by the Delhi government, the customer was eligible for a prize of 5 times the taxable amount up to a maximum of Rs. 50000 in case of buying from a registered dealer. The minimum taxable value of goods was Rs. 100 restaurants included.
This online lottery system will help GST paying customers to maintain a check for traders who collect GST(gst online) from people but do not deposit the same amount to the government. After making the system, there will be fewer instances of falsification of entries due to fear of falling.
According to the scheme provided by the Delhi government, the customer was eligible for a prize of five times the taxable amount subject to a maximum of Rs. 50000, if he purchases from a registered dealer. The minimum taxable value of goods was Rs. 100 restaurants included.
Once the lottery scheme is introduced, it will also help monitor traders collecting GST from people but not depositing it in the government.
So friends, hope you liked this article and you got some new information. Please tell me in the comments.