https://www.taxtmi.com/circulars?id=2811 Immunity from prosecution is granted only to a person who applies for compounding and makes full and true disclosure; other persons in the same case who do not apply remain subject to departmental proceedings. The compounding authority may prescribe the compounding amount as ten lakhs or any amount up to twenty percent of the market value of the goods, with the higher threshold prevailing, and must take into account the gravity of the offence and the degree of the applicant's involvement. en-us Tue, 21 Aug 2007 00:00:00 +0530 Thu, 26 Feb 2009 13:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2811 Immunity from prosecution is granted only to a person who applies for compounding and makes full and true disclosure; other persons in the same case who do not apply remain subject to departmental proceedings. The compounding authority may prescribe the compounding amount as ten lakhs or any amount up to twenty percent of the market value of the goods, with the higher threshold prevailing, and must take into account the gravity of the offence and the degree of the applicant's involvement. Circulars Customs Tue, 21 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2811