https://www.taxtmi.com/acts?id=701 On receipt of a compounding application the authority shall obtain a report from the reporting authority within one month (or extended period). The compounding authority may allow-specifying the compounding amount and granting immunity from prosecution-or reject the application after giving the applicant an opportunity to be heard and stating grounds. An application cannot be allowed unless duty, penalty and interest for the matter are paid. The applicant must pay the ordered compounding amount within thirty days and provide proof; payment is non refundable except where a court denies immunity. Compounding is not a matter of right. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 29 Sep 2008 13:52:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=701 On receipt of a compounding application the authority shall obtain a report from the reporting authority within one month (or extended period). The compounding authority may allow-specifying the compounding amount and granting immunity from prosecution-or reject the application after giving the applicant an opportunity to be heard and stating grounds. An application cannot be allowed unless duty, penalty and interest for the matter are paid. The applicant must pay the ordered compounding amount within thirty days and provide proof; payment is non refundable except where a court denies immunity. Compounding is not a matter of right. Act-Rules Central Excise Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=701