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HomeGST NEWSGovt plans GST lottery offers up to Rs. 1 Cr to encourage...

Govt plans GST lottery offers up to Rs. 1 Cr to encourage you to ask for bills

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The Government will soon launch lottery offers between Rs.10 Lakhs and Rs. 1 Crore under the GST Act to encourage customers so that they can start taking bills on their purchases. CBIC member John Joseph said, “We have come with the new lottery system. Every bill under GST is supposed to be a price-winning lottery ticket. It will go for a draw and price are so high that people will say that by not saving 28 per cent, I have a chance of winning ₹1 crore or ₹10 lakh. It is a question of changing the consumer behaviour.” Accordingly, the bills would be uploaded on a portal and winners would be selected on the basis of draw. The Council would also decide on the minimum threshold for bills that would be included in the lottery.

 

https://www.livemint.com/news/india/govt-plans-gst-lottery-offers-up-to-rs-1-cr-to-encourage-you-to-ask-for-bills-11580828110091.html

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