https://www.taxtmi.com/acts?id=27463 Compounding allows the Commissioner to accept a prescribed compounding amount for offences under the Act, contingent on prior payment of tax, interest and penalty. Specified exclusions bar compounding for certain persons and offences, including those already compounded once for listed offences, convictions, offences under other laws, and other prescribed classes. The compounding sum is subject to prescribed minima and maxima tied to the tax involved. Upon payment of the determined compounding amount, further proceedings under the Act cease and existing criminal proceedings in respect of the same offence are abated. en-us Fri, 23 Jun 2017 18:39:33 +0530 Sat, 22 Jul 2017 12:51:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=27463 Compounding allows the Commissioner to accept a prescribed compounding amount for offences under the Act, contingent on prior payment of tax, interest and penalty. Specified exclusions bar compounding for certain persons and offences, including those already compounded once for listed offences, convictions, offences under other laws, and other prescribed classes. The compounding sum is subject to prescribed minima and maxima tied to the tax involved. Upon payment of the determined compounding amount, further proceedings under the Act cease and existing criminal proceedings in respect of the same offence are abated. Act-Rules GST - States Fri, 23 Jun 2017 18:39:33 +0530 https://www.taxtmi.com/acts?id=27463