GST useful for West Bengal: Dasgupta

Finance Minister Swapan Dasgupta praised the 57th GST Council meeting in Delhi as very positive. He emphasized that GST is always very useful for a state like West Bengal, as a significant portion of the state's revenue comes from the tax. During the meeting, the Council focused on structural reforms, particularly rationalizing proposals that would make it easier for West Bengal to do business in the long term.

Dasgupta noted that compliance had been a problem in the state, but awareness was expected to improve. He also mentioned that the GST rates were likely to remain unchanged at the October 8 meeting, with the focus on procedural and structural reforms. These reforms included changes to input tax credit rules, refund processing times, and export procedures, aiming to simplify and streamline the tax process.