Mera Bill Mera Adhikar Scheme

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Overview:

The Central Government is expected to soon launch it’s awaited ‘Mera Bill Mera Adhikar’ scheme.

About Mera Bill Mera Adhikar Scheme:

 

  • It is a Goods and Services Tax (GST) invoice incentive programme that offers cash incentives for uploading invoices.
  • It would initially be introduced in the states of Assam, Gujarat, and Haryana, as well as the UTs of Puducherry, Daman & Diu, and Dadra & Nagar Haveli.
  • Objective: To encourage customers to request a bill whenever they make purchases.
  • How does the scheme works?
    • All invoices issued by GST-registered suppliers to consumers will be eligible for the scheme.
    • A monthly and quarterly draw of lots will be made, and winners will be eligible for cash reward prizes beginning from Rs 10,000 to up to Rs 1 crore.
    • The minimum purchase value for the invoice to be considered for the lucky draw is Rs 200, and individuals can upload a maximum of 25 invoices in a month.
    • The 'Mera Bill Mera Adhikar' mobile app will be made available on both IOS and Android platforms.
    • The invoice uploaded on the app should have the GSTIN of the seller, invoice number, amount paid and tax amount.

 


Q1) What is an Invoice?

An invoice is a commercial document that itemizes and records a transaction between a seller and a buyer. It serves as both a request for payment and a record of the sale. In essence, an invoice outlines the products or services provided by the seller, their quantities, prices, and any applicable taxes or discounts. It also includes information about the seller and the buyer, as well as payment terms and instructions.

Source: ‘Mera Bill Mera Adhikar’ GST Reward Scheme To Launch Soon, Consumers Will Be Awarded Through Lucky Draws