Compounding of offences: revised compounding calculation and requirement to prepay duty, penalty and interest before applying. Amendments revise compounding amounts and add a proviso in Rule 5 providing that where offences involving the same goods have identical duty evasion or wrongly availed CENVAT Credit amounts, the compounding amount shall be determined by the offence category with the higher prescribed compounding amount; separate determination is required where goods or amounts differ. Rule 4 now requires prepayment of duty, penalty and interest before submitting a compounding application and the Application Form has been amended; prior guidelines remain applicable subject to these changes.
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: revised compounding calculation and requirement to prepay duty, penalty and interest before applying.
Amendments revise compounding amounts and add a proviso in Rule 5 providing that where offences involving the same goods have identical duty evasion or wrongly availed CENVAT Credit amounts, the compounding amount shall be determined by the offence category with the higher prescribed compounding amount; separate determination is required where goods or amounts differ. Rule 4 now requires prepayment of duty, penalty and interest before submitting a compounding application and the Application Form has been amended; prior guidelines remain applicable subject to these changes.
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