Contract Terms Revised for GST Rate Hike to 12%; Respondent Board to Bear Tax Liability, New Agreement Required in 8 Weeks.

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Full Text of the Document

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....Scope of the Contract - Deduction at source towards GST - Impact of increase rate of GST as 12% from existing tax as 2% or 5% - The tax liability will have to be borne by the respondent Board. The respondents are directed to rework the terms of the contract and enter into a revised agreement with the petitioner. The entire exercise shall be concluded within a period of eight weeks from the date of receipt of a copy of this order. - HC....