No price revision will be allowed in contract due to change in tax post-GST, rules HC

A High Court ruling has made it clear that no price revision will be allowed under the contract due to change in the tax structure after introduction of Goods and Services Tax (GST). “Grant of any relief as prayed in the present petitions would tantamount to varying terms and conditions of the tender document/rate contracts which is exercise of powers under Article 226 of the Constitution of India…