Compounding of GST offences: payment of prescribed amount bars further proceedings once tax, interest and penalty are paid. The Commissioner may compound any offence by accepting a prescribed compounding amount paid to the Central or State Government, subject to specified exclusions; compounding requires prior payment of tax, interest and penalty, must observe statutory minimum and maximum limits related to the tax involved, and, once paid, bars further proceedings under the Act and causes existing criminal proceedings for the same offence to abate.