https://www.taxtmi.com/acts?id=1369 On receiving an application the compounding authority must obtain a report from the reporting authority, consider the application and report, and either allow compounding-specifying the compounding amount and granting immunity from prosecution-or reject the application after affording an opportunity to be heard and stating grounds of rejection; where allowed the applicant must pay the compounding amount within the prescribed period and furnish proof, and compounding sums are non refundable except if a court declines to grant immunity. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 03 Dec 2008 15:58:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=1369 On receiving an application the compounding authority must obtain a report from the reporting authority, consider the application and report, and either allow compounding-specifying the compounding amount and granting immunity from prosecution-or reject the application after affording an opportunity to be heard and stating grounds of rejection; where allowed the applicant must pay the compounding amount within the prescribed period and furnish proof, and compounding sums are non refundable except if a court declines to grant immunity. Act-Rules Customs Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=1369