Kerala's Finance Minister KN Balagopal has announced the 'Lucky Bill Scheme' mobile app as part of the 2022 budget. This initiative aims to combat Goods and Services Tax (GST) evasion by encouraging the public to upload their GST invoices. Selected participants will receive attractive prizes, with Rs 5 crore allocated for this purpose, fostering a culture of prompt tax return filing and compliance.
GST App: Lucky Bill Scheme
Kerala Finance Minister KN Balagopal, during Budget, has announced the launch of a mobile application Lucky Bill Scheme for uploading GST invoices. He has further stated about this application that, this is an important step in order to tackle GST Evasion from the root
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FAQ :
The 'Lucky Bill Scheme' is a new mobile application launched by Kerala to allow users to upload their GST invoices.
The app's primary goal is to tackle GST evasion from the root level by encouraging people to upload invoices.
Yes, attractive prizes will be distributed to selected people who upload their GST invoices through the application.
Rs 5 crore has been allocated to give away prizes for the selected taxpayers.
The GST Department will be able to examine the return filing status of taxpayers and ensure they are abiding by taxation rules through the mobile application.
The new system is expected to encourage the public to receive bills and merchants to provide bills for uploading in the application.