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New GST incentive scheme will encourage consumers to demand bills
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₹1 crore, ₹10 lakh or ₹10,000 in a lucky draw. Invoices of up to ₹200 issued by GST registered sellers will be eligible for the draw.
Up to 25 invoices per person will be considered every month, the ministry said. This is the latest effort by tax authorities to increase GST compliance.
Central and state authorities have previously taken several steps, such as increased reporting requirements and use of data analytics, to improve tax compliance. This, along with healthy economic growth, has helped improve GST collections.
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