Change 28% slab to 18%: Amit Mitra

Mitra argued that the consumer items under the 18 per cent bracket should be brought under the 12 per cent

Amit Mitra
Amit Mitra
Ishita Ayan Dutt Kolkata
Last Updated : Nov 08 2017 | 1:14 AM IST
West Bengal Finance Minister, Amit Mitra has written to Union Finance Minister Arun Jaitley to change the 28 per cent bracket to 18 per cent for all items except cigarettes and other tobacco items under the goods and services tax (GST) regime.

The letter, contents of which were tweeted by the Trinamool Congress, mentioned that many household consumer items had fallen under the 28 per cent GST bracket. Mitra argued that the 28 per cent bracket should be changed to 18 per cent. He also said that the consumer items under the 18 per cent bracket should be brought under the 12 per cent.

The letter from the state finance minister comes ahead of the GST Council meeting on Friday. It was widely expected that the tax rates on a number of items, especially under the 28 per cent bracket, would be taken up. On Monday, Bengal Chief Minister Mamata Banerjee had labelled the GST as the Great Selfish Tax to harass people. To take away jobs. To hurt businesses. To finish the economy. GoI totally failed to tackle #GST, she tweeted.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story