https://www.taxtmi.com/caselaws?id=769459 The J&K HC dismissed a review petition challenging its earlier judgment regarding GST rate application on works contracts. The petitioner sought retrospective application of reduced GST rates (18% to 12%) recommended by GST Council on 5th August 2017 but notified on 21st September 2017, to tenders submitted before notification. The court held that contract terms clearly specified rates inclusive of all taxes prevailing on tender submission date. Since GST was 18% when tenders were submitted and 12% rate was notified later, the reduction applied prospectively only. The court found no error in its previous judgment and dismissed the review petition. en-us Tue, 08 Apr 2025 00:00:00 +0530 Thu, 05 Jun 2025 18:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769459 The J&K HC dismissed a review petition challenging its earlier judgment regarding GST rate application on works contracts. The petitioner sought retrospective application of reduced GST rates (18% to 12%) recommended by GST Council on 5th August 2017 but notified on 21st September 2017, to tenders submitted before notification. The court held that contract terms clearly specified rates inclusive of all taxes prevailing on tender submission date. Since GST was 18% when tenders were submitted and 12% rate was notified later, the reduction applied prospectively only. The court found no error in its previous judgment and dismissed the review petition. Case-Laws GST Tue, 08 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769459