https://www.taxtmi.com/acts?id=28951 Section 138 empowers the Commissioner to compound GST offences by accepting a prescribed compounding amount payable to the Central or State Government, conditional on payment of the tax, interest and penalty and subject to prescribed manner and limits. The section prescribes minima and maxima for compounding amounts to be set by rule and identifies exclusions - including prior compounding for specified offences, large value supplies, offences also punishable under other laws, convictions, and specified serious offences - while providing that compounding does not affect proceedings under other laws but, once paid, abates criminal proceedings under this Act. en-us Sat, 01 Jul 2017 15:07:13 +0530 Sat, 01 Jul 2017 15:07:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28951 Section 138 empowers the Commissioner to compound GST offences by accepting a prescribed compounding amount payable to the Central or State Government, conditional on payment of the tax, interest and penalty and subject to prescribed manner and limits. The section prescribes minima and maxima for compounding amounts to be set by rule and identifies exclusions - including prior compounding for specified offences, large value supplies, offences also punishable under other laws, convictions, and specified serious offences - while providing that compounding does not affect proceedings under other laws but, once paid, abates criminal proceedings under this Act. Act-Rules GST - States Sat, 01 Jul 2017 15:07:13 +0530 https://www.taxtmi.com/acts?id=28951