Compounding of offences permits settlement by payment under the Act, subject to exclusions, and halts further proceedings. Compounding permits the Commissioner to settle offences by accepting a prescribed compounding amount on payment of tax, interest and penalty, subject to statutory exclusions (including repeat compounding for specified offences, high value supplies, offences also punishable under other laws, convicted persons, and certain serious offence categories). Compounding does not affect proceedings under other laws. The prescribed compounding schedule establishes minimum and maximum thresholds in relation to the tax involved. Payment of the determined compounding amount prevents further proceedings under the Act and abates existing criminal proceedings for the same offence.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Compounding of offences permits settlement by payment under the Act, subject to exclusions, and halts further proceedings.
Compounding permits the Commissioner to settle offences by accepting a prescribed compounding amount on payment of tax, interest and penalty, subject to statutory exclusions (including repeat compounding for specified offences, high value supplies, offences also punishable under other laws, convicted persons, and certain serious offence categories). Compounding does not affect proceedings under other laws. The prescribed compounding schedule establishes minimum and maximum thresholds in relation to the tax involved. Payment of the determined compounding amount prevents further proceedings under the Act and abates existing criminal proceedings for the same offence.
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