Levy of indirect taxes in case of tender contracts entail multiple nuances depending on tax-inclusivity or tax-exclusivity. Recently, the Hon’ble Supreme Court in the case of Bharat Forge Limited has held that in case of tax-exclusive tenders, buyer is not obligated to determine and inform correct HSN classification and rate of tax and it is the bidder who is responsible for the same.

In this context, through this article, our Partner, Mr. Dharnendra Kumar Rana and Associate, Mr. Shivam Kamra have analyzed the repercussions of this judgement in light of the relevant legal provisions.

Please click on the below link to read our article titled ‘Tax Inclusive or Exclusive – That is the Question?’

NITYA I Article 100 I Tax Inclusive or Exclusive – That is the Question?