Quick Summary
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 level and also attractive prizes will be distributed to the selected people who have uploaded invoices in the application.
Key Highlights
- This will help to prevent GST Evasion
- This will encourage prompt filing of tax returns with gifts.
- GST Department will be able to examine the return filing status of taxpayers through the mobile application.
- It would help to ensure that taxpayers are abiding by the taxation rules.
- Rs 5 crore has been allocated to give away prizes for the selected taxpayers.
- The new system will encourage the public to receive bills and the merchants to give bills for uploading in the application.
Courtesy: CS Lalit Rajput
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.
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