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of <h1>Central Excise Rules Amended: Adjusted Compounding Amounts and New Pre-Conditions for Offence Compounding Effective December 27, 2007.</h1> The circular announces amendments to the Central Excise (Compounding of Offences) Rules, 2005, effective from December 27, 2007. Key changes include revising Rule 5 to adjust the compounding amounts for offences, with a proviso ensuring the highest applicable compounding amount is used when multiple offences involve the same duty evasion or CENVAT Credit misuse. Rule 4 now requires applicants to pay duty, penalty, and interest before applying for compounding. The amendments aim to encourage more cases to opt for compounding, reducing court backlogs. Stakeholders and relevant parties are advised to be informed of these changes.
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