Impact of GST 2.0 in Bolpur: GST is a product and service tax which was started on 1 July, 2017, by the finance minister Arun Jaitley. Prime Minister Sri Narendra Modi declared that in a speech to the nation. He mentioned the new reform GST 2.0. There is one country and one tax system. Narendra Modi aims to reform the GST system and improve the previous structure. He announces in a high voice on the night of the 21st of September, 2025. The new GST 2.0 is effective from 22 September, 2025. Today we are going to see about the excepted category where the GST doesn’t apply at all. After Narendra Modi announces there will be an overall effect, especially in suburban areas. What exactly is going on in the market, particularly in Bolpur town? Who lives in Bolpur town or outside of Bolpur. They have to know if GST 2.0 would be started at all in Bolpur City. If the new GST reform system has not started, how to proceed with the matter.
After the prime minister announces why the GST 2.0 (new reform of GST in India) will not be implemented in Bolpur, West Bengal. General people want to know about the matter of political conflict. In various cities or provincial towns, they have already started selling the new GST system product. But here in the town of Bolpur in West Bengal, there is no difference in price for essential things.
Why no Impact? – A Depth Analysis
Why hasn’t it impacted the overall situation? It is observed that there have already been previous stock items in the market. They have to sell the previous product, and after that, when the new product comes, then show the matter of how much the cost has gone down. They informed the field survey. There are many political things to start a new GST system. It would not work if there are only papers and a TV. They are not to be implemented yet.
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Is the New GST Going to Take Effect in Bolpur?
Haru Ghosh, a popular businessman, told about the GST. According to him, the implementation of GST in Bolpur is impossible. Some products come to the GST in Bolpur, like baby food, medicine, etc. But the overall situation is not clear in everyday life. People have to buy at an additional cost. There is no change in middle-class families and their way of life.
Impact of GST on Agriculture in Bolpur
When potatoes, onions, greens and beans are sold loose in the market. it will be tax free of 100 percent. When sold in packets, it has to be given to the government as a 5% GST. Farmers believe that the new GST will bring them significant benefits.
How GST Affects Handicrafts and Small Businesses in Bolpur
Bolpur Santiniketan is popular for its handicrafts. Since the time of Rabindranath, they have been displaying and selling their handicrafts. GST has simplified the tax structure overall, but paperwork, portal issues, and strict rules around invoices and returns create extra hassles, especially for small businesses. Handicraft artisans remain engaged with their own creations. The artisans have no time to think about the new GST system of PM. In consequence of the new GST reform, the opportunities increase for online income and selling products.
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‘Bolpur Residents’ Opinion on the New GST
Buyers in Bolpur Market are frustrated. Buyers were relieved to hear about PM Narendra Modi’s GST reduction. People are deeply disappointed to see it not implemented yet. Someone said everything is the same price; no difference at all. PM has implemented on 22 September of new GST rate. In spite of no one complying with the government declaration. Shop owners say that talking alone would not work; action must be taken.
What Changes in GST 2.0?
- 5%, 12%, 18%,28% has been excluded only 5% and 18% slab.
- 40% slab start only for sin goods and ultra luxury product
- Essential products are fully free of GST.
Which Items Have Become Cheaper?
- Milk and Dairy Products
- Some medicine and Health service
- TV, Mobile Phone, Eectronics products
- Byke and Mid Range Car
- Essential commodity for home
Which Items Have Become Expensive?
- Cigarettes and Tobacco products
- Carbonated Drinks
- High Luxury Cars
- Luxury Products
In Bolpur, the daily routines of people are affected by the uncertainty over the implementation of GST 2.0. The mixed reactions of the people of Bolpur have been observed. In the future, we are going to start the digital tax system. Our land is agricultural land. So it must be essential assistance from the government to the agriculture sector, handicraft artisans, and also for tourism.
