<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Amendments to the Central Excise (Compounding of Offences) Rules, 2005</title>
    <link>https://www.taxtmi.com/circulars?id=3540</link>
    <description>Amendments revise compounding amounts and add a proviso in Rule 5 providing that where offences involving the same goods have identical duty evasion or wrongly availed CENVAT Credit amounts, the compounding amount shall be determined by the offence category with the higher prescribed compounding amount; separate determination is required where goods or amounts differ. Rule 4 now requires prepayment of duty, penalty and interest before submitting a compounding application and the Application Form has been amended; prior guidelines remain applicable subject to these changes.</description>
    <language>en-us</language>
    <pubDate>Thu, 27 Dec 2007 00:00:00 +0530</pubDate>
    <lastBuildDate>Wed, 24 Sep 2008 15:35:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=257868" rel="self" type="application/rss+xml"/>
    <item>
      <title>Amendments to the Central Excise (Compounding of Offences) Rules, 2005</title>
      <link>https://www.taxtmi.com/circulars?id=3540</link>
      <description>Amendments revise compounding amounts and add a proviso in Rule 5 providing that where offences involving the same goods have identical duty evasion or wrongly availed CENVAT Credit amounts, the compounding amount shall be determined by the offence category with the higher prescribed compounding amount; separate determination is required where goods or amounts differ. Rule 4 now requires prepayment of duty, penalty and interest before submitting a compounding application and the Application Form has been amended; prior guidelines remain applicable subject to these changes.</description>
      <category>Circulars</category>
      <law>Central Excise</law>
      <pubDate>Thu, 27 Dec 2007 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=3540</guid>
    </item>
  </channel>
</rss>