"We are not against GST but not at the cost of revenue loss. We should have constitutional right that revenue will not decline," state Finance Minister Amit Mitra told the 82nd AGM of Oriental Chamber of Commerce.
Mitra said the major challenge for GST roll-out was that it should come without losing revenue for states as each state had its unique problems which required to be addressed.
The statement assumes significance as the Centre will bring the much-awaited GST Bill in the current session of Parliament.
The government proposes to implement GST from April 1, 2016, and the new Finance Commission may be set up ahead of its schedule to look into the issues related with the new indirect tax regime.

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