https://www.taxtmi.com/acts?id=28307 The Commissioner may compound any offence under the Punjab GST Act by accepting a prescribed compounding amount, subject to prescribed procedure and payment of tax, interest and penalty. Certain categories are excluded from compounding, including repeat compounders for specified offences, offences above a high-value threshold, offences that are also offences under other laws, convicted persons, specified listed offences, and other prescribed classes. Minimum and maximum compounding amounts are prescribed, and payment of the compounding amount bars further proceedings under the Act and abates any criminal proceedings in respect of the same offence. en-us Wed, 28 Jun 2017 14:49:31 +0530 Tue, 11 Jul 2017 16:36:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28307 The Commissioner may compound any offence under the Punjab GST Act by accepting a prescribed compounding amount, subject to prescribed procedure and payment of tax, interest and penalty. Certain categories are excluded from compounding, including repeat compounders for specified offences, offences above a high-value threshold, offences that are also offences under other laws, convicted persons, specified listed offences, and other prescribed classes. Minimum and maximum compounding amounts are prescribed, and payment of the compounding amount bars further proceedings under the Act and abates any criminal proceedings in respect of the same offence. Act-Rules GST - States Wed, 28 Jun 2017 14:49:31 +0530 https://www.taxtmi.com/acts?id=28307