You are here: Home » Economy & Policy » News » GST
Business Standard

Not just MSMEs, even exporters hit by GST in West Bengal: Amit Mitra

He alleged the GST Network was not being able to handle work load

Avishek Rakshit  |  Kolkata 

Amit Mitra, West Bengal
(From left) Amit Mitra, finance minister, West Bengal and Sandeep Jajodia, president, Assocham, at an interactive meeting in Kolkata on Thursday. (Photo: Subrata Majumder)

Reiterating his stand against the July 1 roll-out of the (GST), finance minister, Amit Mitra, on Thursday said the hasn't benefitted either the or the micro, small and medium enterprises (MSME) in the country. Besides, the transition to hasn't been smooth.

"I had repeatedly said to postpone the launch of July 1. What is the impact? It is everyday postponements. They are saying that the Goods and Service Tax Network (GSTN) could not take the load, this is what I had predicted but they did not pay heed to that," he said during an interactive session with industry body Assocham.

Mitra alleged that the has to handle around 300-340 crores of up-linking and the government tested it with 200 companies per state, of which 30 per cent "didn't work well".

The Mamata Banerjee-led Trinamool Congress (TMC) government is one of the sharpest critics of the July 1 roll-out of the The government's stance is based on the projection that the MSME segment in particular, which is yet to understand GST, will be hit hard. Also, the state government had questioned the country's preparedness to meet the July 1 deadline.

"are in jeopardy and now I come to know that even have been hit. I have asked Union Finance Minister (Arun) Jaitley to produce a white paper and call an emergency meeting. The matter has to be taken up at the council. People are desperate," he added.

The state finance minister also urged industry bodies like Assocham to speak out in case the industry faces difficulties and their associations are unable to voice their concerns on the problems faced in the wake of the roll-out. Mitra further, asked the industry body to provide him with inputs so that the ongoing issues can be taken up at the right forum.

First Published: Thu, August 24 2017. 21:39 IST