<h1>UT finance minister urges fiscal support, compensation and anti-profiteering safeguards with two-tier 5%/18% GST after revenue collapse</h1> The UT's finance minister urged the Union government and the GST Council to provide fiscal support and tailored safeguards after a major terror incident devastated public revenues and key sectors (tourism, handicrafts, agriculture, horticulture), warning proposed GST rate rationalisation could cut UT revenue by 10-12%. He endorsed a two-tier (5% and 18%) GST structure but demanded compensation mechanisms for states/UTs, anti-profiteering safeguards to ensure consumer benefit, and systemic measures to address classification disputes, inverted duties and compliance burdens. He also sought recognition of unique regional economic vulnerabilities and relief to mitigate job losses and stalled infrastructure activity.