‘Mukhyamantri GST Bill Puraskar Yojana-2023’ implemented to increase GST revenue

• 28 Sep 2023

Why In News?

According to the information given by Rajasthan Information and Public Relations Department on September 27, 2023, '‘Mukhyamantri GST Bill Puraskar Yojana-2023' has been implemented to increase GST revenue in the state. The scheme will be applicable to bills and invoices issued during the period from October 1 to March 31, 2024.

Key Points:

• Under the scheme, the bills received by the consumers in respect of taxable goods and services purchased from traders registered under the GST Act in the state will be payable as cash reward on the bills selected by the lottery after uploading it on the online portal or app available by the state government.
• This scheme will be India's largest bill award scheme at the state level, in which bumper prizes of up to Rs 1 crore will be given and prizes up to a total of Rs 45 lakh per month will be given to selected traders.
• The first, second and third prizes are Rs 10 lakh, Rs 5 lakh and Rs 50,000 respectively.
• The first, second and third prizes of Rs 1 crore, Rs 25 lakh and Rs 15 lakh will be given respectively.
• There is a provision of 50 additional 50 districts and 50 awards to give proper representation to each district. A total of 1,000 consolation prizes will also be given.
• For the monthly reward, the consumer will be able to upload the bill within 10 days (about 1 and a half weeks) after the end of the month.