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Compounding of works contract.

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(Querist)
10 October 2009 A works contractor registered under section 65(105)(zzzza)of the Finance Act,1994 collected service tax @4.12% through the invoice raised by him. Under compounding scheme, is he allowed to collect service tax.
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Rajesh Kumar

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Rajesh Kumar (Expert)
10 October 2009 Yes

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