https://www.taxtmi.com/article/detailed?id=7885 Compounding permits an accused to avoid prosecution by paying a compounding amount determined by the Commissioner, subject to payment of tax, interest and penalty relating to the offence. Certain offences and classes of persons are excluded from compounding; the Commissioner must set the compounding amount within statutory minimum and maximum bounds. Valid compounding causes abatement of criminal proceedings under the Act, but immunity may be withdrawn if the accused concealed material particulars or gave false evidence. en-us Fri, 16 Feb 2018 07:01:41 +0530 Fri, 16 Feb 2018 07:01:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7885 Compounding permits an accused to avoid prosecution by paying a compounding amount determined by the Commissioner, subject to payment of tax, interest and penalty relating to the offence. Certain offences and classes of persons are excluded from compounding; the Commissioner must set the compounding amount within statutory minimum and maximum bounds. Valid compounding causes abatement of criminal proceedings under the Act, but immunity may be withdrawn if the accused concealed material particulars or gave false evidence. Articles Goods and Services Tax - GST Fri, 16 Feb 2018 07:01:41 +0530 https://www.taxtmi.com/article/detailed?id=7885