Compounding of offences: guidelines circulated and trade directed to publicize the circular on administrative settlement procedures. The notice encloses Circular No. 54/2005-Cus containing procedural guidelines on compounding offences under Customs and Central Excise and directs trade associations, chambers of commerce and Regional Advisory Committee members to publicize the circular so stakeholders follow the prescribed administrative mechanism for settling violations by payment or agreed measures rather than formal prosecution.
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Compounding of offences: guidelines circulated and trade directed to publicize the circular on administrative settlement procedures.
The notice encloses Circular No. 54/2005-Cus containing procedural guidelines on compounding offences under Customs and Central Excise and directs trade associations, chambers of commerce and Regional Advisory Committee members to publicize the circular so stakeholders follow the prescribed administrative mechanism for settling violations by payment or agreed measures rather than formal prosecution.
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