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NOTE:
Effective Rate of Service Tax on Works Contract under composition scheme "
Effective rate of service tax on services involved in Execution of Works Contract under composition scheme is 2.06%. i.e.
| Basic Rate of Service Tax | = 2% |
| Education Cess | = 2% on 2% |
| S H E Cess | = 1% on 2% |
| Total | = 2.06% |