<h1>State backs GST two-rate cut to 5% and 18% but demands consumer pass-through, revenue compensation and lottery flexibility</h1> The state said the GST Council's shift to a two-rate structure (5% and 18%) effective Sept 22 will cut consumer prices but trigger an estimated annual revenue loss of Rs 8,000-10,000 crore for the state, with Rs 2,500 crore from cement, electronics, auto and insurance. The state supports rate cuts but urged central assurance that reductions reach consumers and sought compensation for revenue shortfalls, warning firms may preemptively raise prices. It objected to uniform tax treatment and higher rate on lotteries and urged states be allowed to set paper-lottery rates and for the states' share of GST to rise to 60%.