https://www.taxtmi.com/article/detailed?id=268 The statute allows administrative compounding of specified central excise offences by the Chief Commissioner on payment of prescribed amounts; applications may be made before or after prosecution, subject to territorial jurisdiction rules. The compounding authority solicits a report from a reporting authority, applies category-specific compounding scales, may grant conditional immunity from prosecution for full disclosure and cooperation, and requires prior payment of duty, penalty and interest. Immunity is withdrawable for concealment, false evidence or non-compliance, and compounding amounts are non-refundable except where a court rejects immunity. en-us Wed, 21 Jan 2009 00:00:00 +0530 Wed, 21 Jan 2009 07:27:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=268 The statute allows administrative compounding of specified central excise offences by the Chief Commissioner on payment of prescribed amounts; applications may be made before or after prosecution, subject to territorial jurisdiction rules. The compounding authority solicits a report from a reporting authority, applies category-specific compounding scales, may grant conditional immunity from prosecution for full disclosure and cooperation, and requires prior payment of duty, penalty and interest. Immunity is withdrawable for concealment, false evidence or non-compliance, and compounding amounts are non-refundable except where a court rejects immunity. Articles Central Excise Wed, 21 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=268