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    <title>SERVICE TAX (COMPOUNDING OF OFFENCES) RULES, 2012 – AN OVERVIEW.</title>
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    <description>The Rules empower the Chief Commissioner as the compounding authority to accept applications to compound service tax offences on payment of a prescribed compounding amount and to grant conditional immunity from prosecution. Applications must provide adjudication, notice, tax, CENVAT and penalty particulars; the compounding authority obtains a report from the reporting authority, affords a hearing, and may allow or reject the application. Allowance requires prior payment of tax, penalty and interest and payment of the compounding amount within thirty days. Immunity may be withdrawn for concealment, false evidence or non compliance.</description>
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