CM Siddaramaiah backs GST rate rationalisation; urges Centre to release compensation cess to states
GST
Dated:- 5-9-2025
PTI
Bengaluru, Sep 5 (PTI) Karnataka Chief Minister Siddaramaiah on Friday welcomed the GST CouncilÂ’s decision to rationalise GST rates and said the state could lose Rs 15,000-20,000 crore in revenue due to the move. He urged the Centre to devolve the compensation cess, still being collected on certain sin goods, back to the states.
He also stressed that the union government and the Central Board of Indirect Taxes and Customs (CBIC) must ensure that the benefits of GST rationalisation reach consumers.
“We welcome the decision of the GST Council to rationalise GST rates, an important step to reduce both the m
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share the remaining two-thirds, meaning a three-fourths majority is required for any reform.
“This means that even if all states agree, a stubborn central government can block reforms. That is exactly what ModiÂ’s government did. TodayÂ’s course correction proves that our stand was right all along. The people of India could have been spared years of hardship had the union government listened earlier,” he claimed.
Siddaramaiah reiterated that the reduction in rates must lower prices for consumers, not increase profit margins for large corporates.
“If the benefits fail to reach the common man, the blame will rest squarely on the union government,” he said.
Highlighting that Karnataka alone could lose Rs 15,000-20,000 crore in revenue due
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