Kolkata, Sep 21 (PTI) West Bengal Chief Minister Mamata Banerjee on Sunday claimed that the Centre was taking undue credit for lowering GST rates, though the move was initiated by the state.

Her statement came after Prime Minister Narendra Modi, in an address to the nation, said a “GST savings festival” will begin from the first day of ‘Navratri’ on Monday, which, coupled with the income tax exemption, will be a "double bonanza" for most people.

Without naming the Prime Minister, Bannerjee said, “We are losing Rs 20,000 crore as revenue, but we are happy about the lowering of GST. But why are you (Modi) claiming credit for it? We had sought a lowered GST. It was our suggestion at the GST Council meeting with the Union Finance Minister (Nirmala Sitharaman." PTI SUS NN

GST rate reduction credited to the centre despite state-initiated proposal; fiscal impact and council role highlighted. The state chief minister contends that the GST rate reductions credited to the central government were initiated by the state and proposed at the GST Council, noting the measure's fiscal impact on state revenue while stressing the Council's role in considering such changes.