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    <title>2018 (12) TMI 69 - GUJARAT HIGH COURT</title>
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    <description>The court dismissed the petitions, holding that the petitioners are not entitled to a price revision due to the introduction of GST. The court emphasized the binding nature of the tender documents and rate contracts, which explicitly stated no price revision would be allowed for tax changes. The respondent&#039;s decision to not revise rates was deemed fair and in compliance with the contract terms. The court found no arbitrariness in the respondent&#039;s actions and discharged the rule in each petition.</description>
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      <link>https://www.taxtmi.com/caselaws?id=371300</link>
      <description>The court dismissed the petitions, holding that the petitioners are not entitled to a price revision due to the introduction of GST. The court emphasized the binding nature of the tender documents and rate contracts, which explicitly stated no price revision would be allowed for tax changes. The respondent&#039;s decision to not revise rates was deemed fair and in compliance with the contract terms. The court found no arbitrariness in the respondent&#039;s actions and discharged the rule in each petition.</description>
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      <pubDate>Tue, 27 Mar 2018 00:00:00 +0530</pubDate>
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