Kerala Reiterates Demand for Protected Income at GST COUNCIL Meet, Says GST RATE REJIG WOLLD BRING DOWN DOWN STATEI STEA STATE OI

Kerala has been stangly reiterated its demand on the just-concluded gst council assembly Balagopal stated on Thursday (September 4, 2025).

Chatting with the media after the 56th gst council assembly in New Delhi, Mr. Balagopal stated kerala alone is more likely to face a Dip in Annual Revenues to the Tune of ₹ 8,000 Crore to ₹ 10,000 Crore on Account of the revamp. “That is an approximate body. The tax Rejig for Vehicles, Insurance coverage, Electronics and Cement Alone Would Carry Down Down Kirala’s Income By ₹ 2,500 Crore for Kerala,” He Mentioned.

Each the middle and the states would see discount in tax additionally, however the heart has different revenue sources, whereas the states have solely the GST. So the Protected Income ought to be in place for some extra years at the least, Mr. Balagopal stated.

Registers protest

“The middle has not been ready to discus this matter. The GST council additionally did not pay serial consideration to it. That they’ve did not pay any heed is unlucky. Including that kerala was talking for all of the states. On the necessity for revneue safety, the kerala finance minister stated any Dip in revealed badly affected As Social Safety Pensions.

Kerala has additionally demanded that the income sharing ratio bets and the facilities be revised to 60:40 in favor of the states.

Secondly, Kerala has pressed for measures to make sure that the advantages of the speed cuts genuinely advantages the Frequent Folks, Who’re the Finish-Consures, Mr. Balagopal stated. The state GST Division and Consures Affairs Division Belt Carefully Monitor The Developments to see Whiter The Consures Actually Profit from the GST CONCIL’s Determination, He Mentioned.

Whereas the speed rationalization is sweet for the general public, there ought to be a assure that the tip client advantages from it. Folks ought to profit from it, “He stated.

Previous Expertise has proven that corporations would work Round Such Measures by Elevating The Pries of Commodities. Whereas Cement Worth Ought to Come down by ₹ 30 to ₹ 35 because of the revamp, Alredy Cement Corporations Are Planning to Hike Pries, He Pointed Out.

Tax on lottery

Kerala has additionally raised robust objections to the choice to boost the tax on paper lottery to 40%, Mr. Balagopal stated. The state’s demand was that the tax on lottery tickets ought to be retained at 28%. “We identified that livelihood of greater than 2 lakh folks depend upon this sector,” He stated.

Mr. Balagopal identified if the Pre-GST tax regime (gross sales tax, VAT) Had been Nonetheless in Power, Kerala’s Income Would have touched ₹ 60,000 Crore Final 12 months at 15% to 16% Annual Improve. Even at a 12% Annual Improve, The Income Would have presen to ₹ 51,892 Crore in 2024-25. INTEAD, the state acquired solely ₹ 32,773 Crore underneath the GST, He Mentioned.