The government is going to bring a lottery scheme to encourage customers to buy goods and take bills from the shopkeeper. Under this GST lottery scheme, a reward ranging from Rs 10 lakh to Rs 1 crore will be given. There will be an option to win the lottery through the bill that the customer takes after making the purchase. The four tax slabs under the GST system are 5, 12, 18 and 28 percent. In addition to the highest rate of tax on luxury and non-perishable products, there is a cess.
Newz Source: economictimes
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