Compounding of offences allows settlement on payment of prescribed compounding amount, halts further GST proceedings. Compounding under the Jharkhand GST Act allows the Commissioner to accept a prescribed compounding amount, before or after prosecution, provided the tax, ... Summary
Compounding of offences allows settlement on payment of prescribed compounding amount, halts further GST proceedings.
Compounding under the Jharkhand GST Act allows the Commissioner to accept a prescribed compounding amount, before or after prosecution, provided the tax, interest and penalty are paid; specified exclusions apply and payment results in abatement of criminal proceedings under the Act while not affecting proceedings under other laws.
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