{"id":73100,"date":"2025-09-05T19:16:03","date_gmt":"2025-09-05T13:46:03","guid":{"rendered":""},"modified":"2025-09-05T19:16:03","modified_gmt":"2025-09-05T13:46:03","slug":"cm-siddaramaiah-backs-gst-rate-rationalisation-urges-centre-to-release-compensation-cess-to-states","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=73100","title":{"rendered":"CM Siddaramaiah backs GST rate rationalisation; urges Centre to release compensation cess to states"},"content":{"rendered":"<p>CM Siddaramaiah backs GST rate rationalisation; urges Centre to release compensation cess to states<BR>GST<BR>Dated:- 5-9-2025<BR>PTI<BR>Bengaluru, Sep 5 (PTI) Karnataka Chief Minister Siddaramaiah on Friday welcomed the GST Council\u2019s 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.<br \/>\nHe 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.<br \/>\n&#8220;We welcome the decision of the GST Council to rationalise GST rates, an important step to reduce both the<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/news?id=54784\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p>er share the remaining two-thirds, meaning a three-fourths majority is required for any reform.<br \/>\n&#8220;This means that even if all states agree, a stubborn central government can block reforms. That is exactly what Modi\u2019s government did. Today\u2019s 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,&#8221; he claimed.<br \/>\nSiddaramaiah reiterated that the reduction in rates must lower prices for consumers, not increase profit margins for large corporates.<br \/>\n\t&#8220;If the benefits fail to reach the common man, the blame will rest squarely on the union government,&#8221; he said.<br \/>\nHighlighting that Karnataka alone could lose Rs 15,000-20,000 crore in revenu<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/news?id=54784\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CM Siddaramaiah backs GST rate rationalisation; urges Centre to release compensation cess to statesGSTDated:- 5-9-2025PTIBengaluru, Sep 5 (PTI) Karnataka Chief Minister Siddaramaiah on Friday welcomed the GST Council\u2019s decision to rationalise GST rates an<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-73100","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/73100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=73100"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/73100\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}