AGARTALA, May 15 (TIWN): Eventhough Chief Minister Manik Sarkar in 2016 said that GST will curtail state-power, but what happened that his Finance Minister all of sudden have been busy with GST, whereas state has no revenue income at all. The compensation offer under GST was reportedly the most luxurious option for the state govt to get bills of 'losses' in various field as no income is here, whereas unnecessary taxes on Citizens are generating resentment among the people. The left front Govt them will also hit the centre for every taxes waxes will be implied on the public. However GST Finance Minister Bhanulal Saha mentioned that the parliament has already passed Integrated GST bill (for international trade) and Central GST bill (for domestic trade) and now the states were asked to passed State GST bill (for local trade) on or before May 31 next. The state government has already prepared the bill considering the provisions of the central GST Act and all other arrangements for introducing GST from July 1 next has been made on the part of the state government.

 But the final meeting of GST Council, is scheduled on May 18 next at Srinagar, said Saha.

As per the provision of the main GST Act there are four slaves of tax – 5 per cent, 12 per cent, 18 per cent and 28 per cent but which items to be in which category of tax has not yet been finalised.

Reportedly, This round of meeting to be headed by Finance Minister ArunJaitley is scheduled to finalise the rates of different commodities and services. It will also approve rates of remaining items.

In the last GST workshop, held in Tripura without any Central resource person said that

1/4th weightage should be maintained for Tripura, 1/4th weightage for the centre with 3/4th weightage for all of the state governments put together.

Tripura Govt sought full Goods and Services compensation for at least five years from the date of implementation of GST as given to the states in VAT regime.

On May-12 during GST Dissemination workshop held at PargnaBhawan Congress MLA Ratan Lal Nath raised question, why no resource person is chairing the workshop who can ease the GST issues to the public. The MLA further raised question, whereas "Traders with a turnover of less than Rs 10 lakh a year won’t have to register for or pay the goods and service tax (GST), will Tripura in coming day virtually pay any taxes ?"

However, at Srinagar meeting Tripura Finance Minister is also remain present or any Govt representative on his behalf.