https://www.taxtmi.com/acts?id=16540 On receipt of an application the compounding authority shall obtain a report from the reporting authority, and may allow the application by specifying the compounding amount and granting immunity from prosecution or reject it after giving the applicant an opportunity to be heard and stating grounds. Allowance is conditional on payment of service tax, penalty and interest. If allowed, the applicant must pay the compounding amount within the prescribed period and furnish proof; the amount is not refundable except where a court denies immunity. en-us Wed, 30 May 2012 15:15:21 +0530 Wed, 30 May 2012 15:15:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16540 On receipt of an application the compounding authority shall obtain a report from the reporting authority, and may allow the application by specifying the compounding amount and granting immunity from prosecution or reject it after giving the applicant an opportunity to be heard and stating grounds. Allowance is conditional on payment of service tax, penalty and interest. If allowed, the applicant must pay the compounding amount within the prescribed period and furnish proof; the amount is not refundable except where a court denies immunity. Act-Rules Service Tax Wed, 30 May 2012 15:15:21 +0530 https://www.taxtmi.com/acts?id=16540