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of <h1>Compounding Authority Must Decide on Rule 3 Applications with Report; Approval Grants Immunity, Rejection Requires Hearing.</h1> Upon receiving an application under Rule 3 of the Central Excise (Compounding of Offences) Rules, 2005, the compounding authority must request a report from the reporting authority regarding the application details. This report should be submitted within one month or an extended period if granted. The compounding authority can either approve or reject the application, providing immunity from prosecution if approved. Rejection requires a hearing opportunity and stated reasons. Approval necessitates payment of duty, penalty, and interest. The applicant must pay the compounding amount within 30 days of approval, and this amount is non-refundable unless immunity is denied by the court. Compounding is not an automatic right.
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