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Compounding of offences allows settlement by payment under GST, subject to prescribed limits and specified ineligible categories. Compounding permits the Commissioner to accept a prescribed payment to settle an offence under the Act, only after payment of tax, interest and penalty; specified persons and offences are ineligible; compounding does not affect proceedings under other laws. The compounding amount is set within statutory minimum and maximum bounds relative to the tax involved. On payment, no further proceedings under the Act shall be initiated and criminal proceedings in respect of that offence shall abate.
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.
<h1>Compounding of offences allows settlement by payment under GST, subject to prescribed limits and specified ineligible categories.</h1> Compounding permits the Commissioner to accept a prescribed payment to settle an offence under the Act, only after payment of tax, interest and penalty; specified persons and offences are ineligible; compounding does not affect proceedings under other laws. The compounding amount is set within statutory minimum and maximum bounds relative to the tax involved. On payment, no further proceedings under the Act shall be initiated and criminal proceedings in respect of that offence shall abate.
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