What is the main aim of the Kerala government's Lucky Bill App?
2023
What is the main aim of the Kerala government's Lucky Bill App?
Answer: C. To curb GST evasion — ConceptInvoice-incentive schemes encourage consumers to demand and upload genuine bills. The resulting transaction data helps tax authorities compare reported…
- A.
To regulate prompt payment of bills
- B.
To award a 5% rebate on bills
- C.
To curb GST evasion
- D.
To encourage online payment of bills
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Correct answer: C
Concept
Invoice-incentive schemes encourage consumers to demand and upload genuine bills. The resulting transaction data helps tax authorities compare reported sales with actual retail activity and improve tax compliance.
Application
Kerala's Lucky Bill App lets consumers upload GST invoices and offers prizes for participation. This creates an external trail of sales data and encourages traders to issue accurate bills.
Contrast
Prompt payment of invoices concerns when an amount is settled, not whether a taxable sale is reported.
A fixed 5% rebate is not the app's stated mechanism; the app uses prize draws for uploaded invoices.
GST-evasion control uses invoice data to identify unreported or inaccurately reported sales.
Online payment changes the mode of payment, whereas the app focuses on obtaining and uploading bills.
Therefore, the main aim is to curb GST evasion.