https://www.taxtmi.com/caselaws?id=387787 A tender clause requiring the bidder to bear tax liability at the rate in force from time to time meant the quoted price was not frozen to the VAT rate existing when the tender was issued. The later introduction of GST did not release the bidder from the contractual obligation, because the tender terms required the bidder to account for possible tax changes during execution. Express contractual terms governed the parties, and natural justice could not be used to vary those terms. The writ petition therefore failed, and the requested cancellation of tender consequences or refund of earnest money deposit was refused. en-us Wed, 20 Mar 2019 00:00:00 +0530 Thu, 13 Mar 2025 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387787 A tender clause requiring the bidder to bear tax liability at the rate in force from time to time meant the quoted price was not frozen to the VAT rate existing when the tender was issued. The later introduction of GST did not release the bidder from the contractual obligation, because the tender terms required the bidder to account for possible tax changes during execution. Express contractual terms governed the parties, and natural justice could not be used to vary those terms. The writ petition therefore failed, and the requested cancellation of tender consequences or refund of earnest money deposit was refused. Case-Laws GST Wed, 20 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387787