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of <h1>Commissioner may compound offences before or after prosecution on payment of tax, interest, penalty and prescribed compounding amount</h1> Offences under the Act may be compounded by the Commissioner, before or after prosecution, on payment of a prescribed compounding amount to the Central or State Government; compounding requires prior payment of the tax, interest and penalty involved and does not affect proceedings under other laws. Certain persons and offences are excluded (including those already allowed compounding for specified serious offences, those accused of specified offences, and persons already convicted), and compounding is subject to a prescribed range with a statutory minimum of twenty-five per cent and a maximum of one hundred per cent of the tax involved; payment abates criminal proceedings under the Act.
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