https://www.taxtmi.com/caselaws?id=445887 The HC dismissed petitions seeking GST refund on work orders executed under pre-GST rate contracts. The court held that contracts specifying prices inclusive of "all duty, levies such as VAT, Excise Duty, etc." bound suppliers to bear GST costs despite the taxation regime change. The contractual clause covering "similar other statutory levy" encompassed GST as a replacement for previous indirect taxes, not an additional burden. The court ruled that commercial contracts inherently include calculated business risks including tax variations, and price escalation clauses cannot be implied merely due to new taxation systems replacing earlier ones. en-us Fri, 17 Nov 2023 00:00:00 +0530 Tue, 22 Apr 2025 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445887 The HC dismissed petitions seeking GST refund on work orders executed under pre-GST rate contracts. The court held that contracts specifying prices inclusive of "all duty, levies such as VAT, Excise Duty, etc." bound suppliers to bear GST costs despite the taxation regime change. The contractual clause covering "similar other statutory levy" encompassed GST as a replacement for previous indirect taxes, not an additional burden. The court ruled that commercial contracts inherently include calculated business risks including tax variations, and price escalation clauses cannot be implied merely due to new taxation systems replacing earlier ones. Case-Laws GST Fri, 17 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445887