STATUTORY VARIATION. Any statutory increase or decrease in the taxes and duties including GST and cess as applicable subsequent to suppliers offer if it takes place within the original contractual delivery date will be to GETCO’s account subject to the claim being supported by documentary evidence. However, if any decrease takes place after the contractual delivery date, the advantage will have to be passed on to GETCO. Statutory Variation clause shall not be applicable in case of supplier/contractor has opted for composition scheme under GST.
Appears in 6 contracts
Samples: Contract Agreement, Contract Agreement, Contract Agreement
