https://www.taxtmi.com/acts?id=27090 The Commissioner may compound offences on payment of a prescribed compounding amount to the Central or State Government, provided the tax, interest and penalty involved are paid. Compounding is subject to statutory exclusions (including prior compounding for specified offences, offences also punishable under other laws, convictions, and certain serious offence categories) and prescribed minimum and maximum floors relative to the tax involved. Payment of the determined compounding amount prevents further proceedings under this Act and abates any criminal proceedings already initiated in respect of the same offence. en-us Thu, 22 Jun 2017 16:36:12 +0530 Sat, 01 Jul 2017 14:37:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=27090 The Commissioner may compound offences on payment of a prescribed compounding amount to the Central or State Government, provided the tax, interest and penalty involved are paid. Compounding is subject to statutory exclusions (including prior compounding for specified offences, offences also punishable under other laws, convictions, and certain serious offence categories) and prescribed minimum and maximum floors relative to the tax involved. Payment of the determined compounding amount prevents further proceedings under this Act and abates any criminal proceedings already initiated in respect of the same offence. Act-Rules GST - States Thu, 22 Jun 2017 16:36:12 +0530 https://www.taxtmi.com/acts?id=27090