{"id":73552,"date":"2025-09-18T19:31:03","date_gmt":"2025-09-18T14:01:03","guid":{"rendered":""},"modified":"2025-09-18T19:31:03","modified_gmt":"2025-09-18T14:01:03","slug":"gst-rate-cuts-affect-centre-and-states-equally-no-donor-donee-model-sitharaman","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=73552","title":{"rendered":"GST rate cuts affect Centre and states equally, no donor-donee model: Sitharaman"},"content":{"rendered":"<p>GST rate cuts affect Centre and states equally, no donor-donee model: Sitharaman<BR>GST<BR>Dated:- 18-9-2025<BR>PTI<BR>Kolkata, Sep 18 (PTI) Union Finance Minister Nirmala Sitharaman on Thursday made it clear that the Centre was not considering any compensation to states for potential revenue loss arising from the latest Goods and Services Tax (GST) rate cuts, stressing that the impact will be shared \u201cequally\u201d and given the devolution of taxes, while the Centre&#39;s share will be even smaller.<br \/>\nThe opposition was putting pressure on the BJP-led central government, seeking compensation of potential revenue loss from GST rationalisation.<br \/>\nSpeaking at a BJP-organised discussion on GST in Kolkata, Sitharaman said that during the GST Council me<\/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=56119\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p>comes of rate decisions.<br \/>\n&#8220;A revenue impact would seriously affect the Centre as well,&#8221; she added.<br \/>\nDespite the initial concerns, Sitharaman expressed gratitude to state finance ministers for constructively agreeing to the rate cuts, and said she had written personal letters to each of them acknowledging their support.<br \/>\nThe Union finance minister also pointed to past revenue challenges stemming from misclassification of items and &#8220;gaming of the system&#8221;, citing examples like popcorn in which salted and sugary versions were taxed differently, leading to loss of revenue.<br \/>\nSitharamn said the reforms now aim to plug such loopholes.<br \/>\nShe added that GST 2.0 is expected to push Rs 2 lakh crore into the economy, boosting demand and benefiting the en<\/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=56119\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GST rate cuts affect Centre and states equally, no donor-donee model: SitharamanGSTDated:- 18-9-2025PTIKolkata, Sep 18 (PTI) Union Finance Minister Nirmala Sitharaman on Thursday made it clear that the Centre was not considering any compensation to states<\/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-73552","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/73552","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=73552"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/73552\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}