Next Jane GST Reforms will boost the economy of Western Bengals: Finance Minister Sitharaman

Kolkata, September 18 (IANS). Finance Minister Nirmala Sitharaman spoke in detail about several important aspects related to GST during the ‘Next Jane GST’ program held in the National Library Bhasha Bhashavan in Kolkata. He informed that the GST tariffs had never been decided without a plan and that the depth was considered deep behind it. Nirmala Sitharaman said in the context of Western Bengals that on September 22, the new GST compliance mainly keep in mind. Initially, some people wanted to apply from September 10, but later it was decided that it would apply from the first day of Mahalaya and Navratri. He questions: “Can you ignore this influence of Bengal?” Referring to the cuts in GST rates for specific cultural and craft items of Bengal, he said that the rates of 11 special Bengali items were increased to 5 percent. These include the leather items (5 percent) of Santiniketan (5 percent), Bankara Terracotta Crafts (5 percent), Madhurkati Mach (5 percent), Purulia Chou mask (5 percent), Dinajpur’s wooden masks (5 percent), Malda’s processed mango (5 percent), darjeeling tea (5 percent) and jute). Nirmala Sitharaman said that these cuttings would greatly benefit the artisans and producers of the West Bengale. Nirmala Sitharaman said the need to review GST rates was because it aims to benefit the middle class and farmers. It was also necessary for MSME, that is, micro, small and medium businesses to get relief. He also said that the final goal of GST reform was eventually in the widespread interest of the entire country’s economy. The finance minister said it was possible in the future that GST had a single tariff. He also made it clear that some rates were revised at the recent GST council meeting held in Jaisalmer. This was done because there were some grassroots level, which could facilitate the compliance by removing it. Many improvements have also been made in this process. Sitharaman said: “The GST Council is a constitutional institution. The statement made by the Prime Minister of the Red Fort was not just a sign, he did not set the rates. Many states of the opposition, including Western Bengals, were with us about things like the cutting of the plate and release of the health plan. The opposition. The states of Nirmala Sitharaman said that the states had to reduce the GST plate. The Prime Minister talked about the simplicity of GST and influenced every citizen of the country. “During this time, Nirmala Sitharaman said that 90 percent GST refund will now be given automatically, while only 10 percent will be investigated in cases, so that the right person has repayments. Opportunity also informed the Minister of Finance that the basic goal of GST reforms is to strengthen the middle class, farmers, MSMEs and the economy of the entire country.