Customs offence compounding now requires prior payment of duty, penalty and interest, with revised offence-wise compounding amounts. The Customs (Compounding of Offences) Amendment Rules, 2008 revise the compounding framework by making prior payment of duty, penalty and interest a mandatory condition for filing a compounding application. They also substitute the rule on fixation of the compounding amount by prescribing offence-wise amounts for specified customs offences, including fixed amounts for certain offences and market-value-linked amounts with minimum thresholds for others. Where multiple offences relate to the same goods on the same valuation basis, the higher prescribed compounding amount applies. The application form is amended to require particulars of such prior payment.
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Provisions expressly mentioned in the judgment/order text.
Customs offence compounding now requires prior payment of duty, penalty and interest, with revised offence-wise compounding amounts.
The Customs (Compounding of Offences) Amendment Rules, 2008 revise the compounding framework by making prior payment of duty, penalty and interest a mandatory condition for filing a compounding application. They also substitute the rule on fixation of the compounding amount by prescribing offence-wise amounts for specified customs offences, including fixed amounts for certain offences and market-value-linked amounts with minimum thresholds for others. Where multiple offences relate to the same goods on the same valuation basis, the higher prescribed compounding amount applies. The application form is amended to require particulars of such prior payment.
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