https://www.taxtmi.com/forum/issue?id=105965 Under the compounding procedure the assessee must pay the sum specified by the prescribed authority, which may include duty and interest and shall not exceed the fine prescribed for the offence; once paid the dealer is not liable for prosecution or any additional penalty in respect of the compounded offence. en-us Thu, 08 Aug 2013 19:56:03 +0530 Thu, 23 Jan 2025 15:57:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=105965 Under the compounding procedure the assessee must pay the sum specified by the prescribed authority, which may include duty and interest and shall not exceed the fine prescribed for the offence; once paid the dealer is not liable for prosecution or any additional penalty in respect of the compounded offence. Discussion-Forum VAT / Sales Tax Thu, 08 Aug 2013 19:56:03 +0530 https://www.taxtmi.com/forum/issue?id=105965