Eight opposition-ruled states extend support to cut in number of GST rate slabs: Cong's Ramesh
GST
Dated:- 30-8-2025
PTI
New Delhi, Aug 30 (PTI) Eight opposition-ruled states have extended their support to a reduction in the number of GST rate slabs and a cut in the rates for mass consumption items, Congress leader Jairam Ramesh said on Saturday.
At the same time, they have demanded a mechanism to ensure the benefits of the rate cuts get passed on to consumers, he said.
According to Ramesh, the eight opposition-ruled states have also demanded compensation to all states for a period of five years, with 2024-25 as the base year, since their revenues are bound to be adversely impacted by the rate cuts.
They have demanded additio
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aid.
The eight opposition-ruled states have also called for additional levies on 'sin' and luxury goods over and above the proposed 40% be fully transferred to states, he said, adding the Centre gets close to 17-18% of its revenue from various cesses that are not shared with the states.
The Congress leader stressed that these demands are perfectly legitimate and are bolstered by recent papers published by the Union Finance Ministry's own National Institute of Public Finance & Policy (NIPFP).
According to him, the Congress has for long been demanding a GST 2.0 that not only reduces rate slabs and cuts rates but also brings about drastic simplification of procedures and compliance requirements, especially for MSMEs.
Ramesh further said th
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