While Punjab and Kerala will press the GST Council to borrow in order to compensate states, Bihar Deputy Chief Minister Sushil Kumar Modi called the idea "wishful thinking"
Dubbing the new system as GST-2, Modi said the GST council has decided that the new filing system would be launched from October 1 this year.
Mitra had convened a meeting of the EC to consider approval of its annual report and statement of accounts for 2016-17
Officials would check the prices of products before and after reduction in GST rates, he told reporters.