Currently, we are having a common GST structure for all our centers across different states i.e. 3 % GST is applicable on the booked value. However, if there is an increase/decrease in GST, then they would be borne by the client.
For e.g. the price quoted in Mumbai is INR 50,000 without GST and you book an order. Invoice will be made as INR 50000 + 3% GST as on date of delivery. If rate of GST is changed as on date of delivery say to 5% then the client will be invoiced at INR 50000 + 5 % GST.
For sectors where prices are quoted with GST (as on date its 3%) and price traded is say 51500 then invoice will be made as 50000 + 1500 ( i.e. 3% GST ). In case the GST is changed to 5% then invoice shall be raised as 50000 + 2500 (i.e. 5% GST )