https://www.taxtmi.com/news?id=54070 Opposition-ruled states back GST rate rationalisation and cuts for mass-consumption items, demand mechanisms to ensure consumer pass-through, seek five years' compensation to all states with 2024-25 as base year to offset revenue loss, and request full transfer of additional levies on sin and luxury goods to states while urging GST 2.0 to simplify procedures and protect state interests to advance cooperative federalism. en-us Sat, 30 Aug 2025 13:01:04 +0530 Sat, 30 Aug 2025 13:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=54070 Opposition-ruled states back GST rate rationalisation and cuts for mass-consumption items, demand mechanisms to ensure consumer pass-through, seek five years' compensation to all states with 2024-25 as base year to offset revenue loss, and request full transfer of additional levies on sin and luxury goods to states while urging GST 2.0 to simplify procedures and protect state interests to advance cooperative federalism. News - Sat, 30 Aug 2025 13:01:04 +0530 https://www.taxtmi.com/news?id=54070