Was VAT, instead of GST But the road to the state did not change.
The budget of 2018-19, presented by Finance Minister Amit Mitra, says that the amount of money earned on the GS at the end of the year will not be more than earlier VAT. Rather, the state's income was in the state's house in VAT, a large part of the GSAT would be stuck in the central house. As a result, the state has to suffer all the time.
GST was launched in July 2007. Chief Minister Mamata Banerjee has been opposing it from the very first day on the introduction of new taxes in the hurry, even though there is no policy objection. There have been many changes in taxation system in six months. Now the capital of the state is growing 1700/1800 crores in the month. But Amit Mitra, who presented the budget for the next financial year, will have a total income of 23 thousand 60 crores. In the year 2016-17, VAT was also earned about 24 thousand crore rupees. On top, sell extra from the liquor factory. The State has collected sales tax of at least Rs. 5000 crore annually from petrol-diesel.
The question arises, what is the benefit of the new tax system? According to the finance officials, the revenues of VAT or GST taxes depend on the state's financial business and the overall economy of the economy. There is no big industrial investment in this state. It is thought that the large amount of income will be income. In addition, overall financial situation, the average 8/9 percent tax-increase is enough. That is why after assuming the GST, it is assumed that the ahmaari will not increase. Rather, the only way to be saved is to get compensation from the center
Payable money
However, at the beginning of the GST, there were more than 1.5 lakh dealers in the state. The hope of getting extra tax was awakened from them. The production industry is less in this state, but the benefits of GST are found to be more than the services of the services. Why it does not match?
The news of Netanyahu, the import of goods from other states, was sold in the state and it was expected to increase revenue collection (IGST). In the budget of 2018-19, only 9966 crores have been invested in this sector. Which means, the financial condition of the state is also in the service sector
State Finance Minister has assumed that he is not a worshiper.
Amitbabu, however, said that the central government is keeping the money of the IGST in tune with their own resources. The state has to suffer its consequences. GST compensation for November-December
Delhi still earns about 900 crore According to a section of taxpayers, around one lakh crore rupees per IGST is lying in a special fund for various reasons. Only one part of that money will be distributed among the states. All the states in the GST Council meeting are those
Claimed
