This was conveyed at a meeting Finance Minister Arun Jaitley had with Rajya Sabha leaders of CPI(M), CPI, Trinamool Congress, Samajwadi Party and BJD here.
Maintaining that the GST Bill would deprive the states of their "right to raise resources" through sales tax, surcharge or cess, CPI(M) leader Sitaram Yechury said the Constitution amendment bill would lead the states "to come with a begging bowl to the Centre, placing them at the Centre's mercy."
"The state governments will be deprived of their only right to raise revenue as this right will be abolished with the Bill" as they would not be able to impose any cess even during an emergency or natural disaster, he said, adding that this was conveyed to the Finance Minister at the meeting.
"The GST Bill is only meant for imposing a tax. It does not deal with Centre-State relations. So, a resolution has to be found outside the Bill and the government has to come out with an assurance," the CPI(M) leader said, adding that "we will have to see how the government addresses this issue."
Regarding the meeting, Yechury said "we were merely informed about the discussion the government had with the Congress. There was no scope for a discussion."
He also said there is "nothing in writing so far" on what the latest bill actually says.
Accusing the Narendra Modi government of going by the strength of the parties in Parliament to hold discussions on the GST bill, he said "so we are immaterial in terms of number of seats we have. It is a game between the BJP and the Congress".
Asked whether Jaitley indicated by when the bill will be brought to Rajya Sabha, the CPI(M) leader said "there is no indication. It will all depend on what is happening between the BJP and the Congress.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
)