https://www.taxtmi.com/caselaws?id=461713 A contract clause making quoted rates inclusive of taxes and requiring refund of any tax decrease prevailing on the last due date for bids was applied to hold that a later reduction in GST did not relieve the contractor of the refund obligation. The reduction took effect only when the amending notification was issued, so the lower rate operated prospectively and did not alter the tax rate applicable on the bid date. The GST Council's recommendation by itself had no statutory force, and Article 265 was noted to confirm that tax can be levied or collected only under authority of law. The recovery demand for the differential tax was therefore sustained. en-us Fri, 03 Nov 2023 00:00:00 +0530 Tue, 22 Apr 2025 20:38:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461713 A contract clause making quoted rates inclusive of taxes and requiring refund of any tax decrease prevailing on the last due date for bids was applied to hold that a later reduction in GST did not relieve the contractor of the refund obligation. The reduction took effect only when the amending notification was issued, so the lower rate operated prospectively and did not alter the tax rate applicable on the bid date. The GST Council's recommendation by itself had no statutory force, and Article 265 was noted to confirm that tax can be levied or collected only under authority of law. The recovery demand for the differential tax was therefore sustained. Case-Laws GST Fri, 03 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461713