Govt to Launch lottery offer under the Goods and Services Tax (GST) from April 1, 2020

The GST Council is likely to vet the lottery scheme in its next meeting on March 14. The government is planning to launch lottery offer under the Goods and Services Tax (GST) from April 1 by conducting lucky draws every month for invoices of all business to customer (B2C) transactions.

The lottery scheme is being envisaged by the revenue department to encourage customers to take bills for every purchase, which will in turn help the government in curbing GST evasion.

Under the scheme, the revenue department will conduct monthly lucky draws which will have one bumper prize, while there would be second and third prizes state wise.

Know more abour GST Slab Rates India.

How Lottery Scheme GST Works?

The official said consumers will have to scan and upload any B2C invoice using a mobile app, which is being developed by GST Network (GSTN), which handles the technology backbone of GST.

The mobile app would be made available for both Android and iOS users by end of this month.

There would not be any threshold on the invoice value to be eligible for lucky draw, the official added.