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Fixation of the compounding amount.

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Full Text of the Document

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.... Offence Compounding amount (1) (2) (3)       1. Offence specified under section 89 (1)(a) of the Act Up to fifty per cent. of the amount of service tax evasion, subject to minimum of ten per cent. of amount of tax evaded. 2. Offence specified under section 89 (1)(b) of the Act   Upto fifty per cent. of the amount of CENVAT Credit wro....