The Central Board of Indirect Taxes & Customs (CBIC), operating under the Department of Revenue, Ministry of Finance, has introduced an innovative scheme named ‘Mera Bill MeraAdhikar’ to Boost GST Compliance.
About Mera Bill Mera Adhikar Scheme
The central government of India launched the “Mera Bill, Mera Adhikar” invoice promotion scheme in Gurugram.
The primary objective of the scheme is to encourage Indian citizens and consumers to request Goods and Service Tax (GST) invoices during their business-to-consumer (B2C) transactions for goods or services.
The scheme was officially launched in Gurugram, with the presence of Haryana’s deputy chief minister, Dushyant Chautala, and the union revenue secretary, Sanjay Malhotra.
This groundbreaking initiative initially rolled out in three states (Assam, Gujarat, and Haryana) and three Union Territories (Puducherry, Daman & Diu, and Dadra & Nagar Haveli), strives to streamline GST processes, enhance revenue collection, and foster a more accountable and formalized economy.
Mera Bill Mera Adhikar Scheme Objectives
The ‘Mera Bill Mera Adhikar’ scheme is multifaceted in its goals, aiming to achieve the following objectives:
Boost GST Processes and Revenue Collection
One of the primary objectives of this scheme is to strengthen the GST framework and increase the collection of GST revenue, which is essential for the government’s fiscal health and various developmental initiatives.
Offer Attractive Cash Rewards
Under this initiative, participants have the opportunity to win enticing cash rewards, which range from Rs 10,000 to a whopping Rs 1 crore. These rewards are distributed through both monthly and quarterly lucky draws, adding an element of excitement to the scheme.
Curbing Tax Evasion and Promoting Formal Economy Growth
The ‘Mera Bill Mera Adhikar’ scheme plays an indirect yet vital role in curbing tax evasion, promoting accountability among businesses, and fostering growth within the formal economy sector. By encouraging consumers to request GST invoices, the government can better track economic activities and ensure compliance with tax regulations.
For individuals to participate in the lucky draw, they must meet certain criteria, including:
Minimum Purchase Value of Rs 200
Invoices with a minimum purchase value of Rs 200 are eligible for entry into the lucky draw. This threshold ensures that a wide range of transactions can benefit from the scheme.
Maximum of 25 Invoices per Month
Each individual can upload a maximum of 25 invoices per month, giving them multiple chances to win attractive cash prizes.
Lucky Draw Details
The ‘Mera Bill Mera Adhikar’ scheme features both monthly and quarterly lucky draws:
Monthly Draws – 800 Winners
Every month, 800 fortunate individuals will be randomly selected to receive a cash prize of Rs 10,000 each. This frequent drawing ensures a steady stream of rewards for participants.
Monthly Mega Prize – 10 Winners
Additionally, every month, 10 individuals will be awarded a substantial cash prize of Rs 10 lakh each. This mega prize adds an element of excitement and grandeur to the scheme.
Quarterly Mega Draw – 2 Winners
To add even more excitement, the scheme includes a quarterly mega draw in which two individuals are selected to receive an astounding prize of Rs 1 crore each. This quarterly highlight offers participants the chance to win a life-changing sum.
In conclusion, the ‘Mera Bill MeraAdhikar’ scheme by CBIC is a forward-thinking initiative designed to promote GST compliance, boost revenue collection, and strengthen the formal economy. With enticing cash rewards and straightforward eligibility criteria, it presents a win-win opportunity for both consumers and the government, contributing to a more transparent and accountable economic landscape in India.
Key Takeaways for Upcoming Exam
- The scheme is open to all consumers who make purchases from GST-registered suppliers.
- To participate, consumers need to upload their GST invoices on the ‘Mera Bill Mera Adhikar’ app or website.
- The invoices must be for purchases made with a minimum value of Rs. 200.
- Each consumer can upload a maximum of 25 invoices per month.
- The lucky draws will be held every month and quarter.
- The prizes in the monthly draw are Rs. 10,000 each.
- The prizes in the quarterly draw are Rs. 10 lakhs each and Rs. 1 crore.
- The scheme is currently being rolled out in six states and union territories.
Mera Bill Mera Adhikar Scheme in a Nutshell
|Name of the scheme||Mera Bill Mera Adhikar|
|Scheme Launched by||Central Board of Indirect Taxes & Customs (CBIC)|
|Objective||To promote a culture of consumers requesting invoices for their purchases and services|
|Eligibility||Open to all consumers who make purchases from GST-registered suppliers|
|How to participate||Upload GST invoices on the ‘Mera Bill Mera Adhikar’ app or website|
|Invoice value||Minimum value of Rs. 200|
|Maximum number of invoices||25 invoices per month|
|Prizes||Monthly: 800 prizes of Rs. 10,000 each|
Monthly Mega Prize: 10 prizes of Rs. 10 lakh each
Quarterly Mega Deaw: 2 prizes of Rs. Rs. 1 crore
|States and Union Territories where the scheme is currently being rolled out||Assam, Gujarat, Haryana, Puducherry, Dadra and Nagar Haveli, and Daman and Diu|