Not against GST: Mamata

Bs_logoImage
IANS New Delhi
Last Updated : Dec 19 2014 | 7:45 PM IST

West Bengal Chief Minister Mamata Banerjee Friday said she was not against the Goods and Services Tax but wanted states to be adequately compensated.

"We don't have a problem with GST. It is our manifesto commitment. We are all for it. But states have to be adequately compensated," she said during an informal meeting with media persons here.

Banerjee, who is on a visit to the capital, said it was the central government which was digressing from the commitments it had given earlier.

The government Friday initiated legislation for the much awaited reform of the indirect tax system by tabling the GST Bill in the Lok Sabha.

Finance Minister Arun Jaitley introduced the constitutional amendment bill for implementing GST contending that the object of the legislation is "the seamless transfer of goods and services across the country".

Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 19 2014 | 7:42 PM IST