https://www.taxtmi.com/article/detailed?id=13946 Compounding under GST permits an accused to avoid prosecution by paying a monetary amount to the Government, with the Commissioner authorised to accept such payment either before or after prosecution is instituted. Eligibility is subject to prescribed manner and notable exclusions: prior compounding for specified offences, prior conviction, offences cognisable under other laws, and certain listed serious offences such as issuance of false invoices, wrongful availment of input tax credit, failure to remit collected tax, falsification of records, obstruction of officers, dealing in goods liable to confiscation, tampering with evidence, and attempts or abetment of these offences. Payment determined by the Commissioner abates any criminal proceedings for the same offence. en-us Fri, 28 Mar 2025 08:33:00 +0530 Fri, 28 Mar 2025 08:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13946 Compounding under GST permits an accused to avoid prosecution by paying a monetary amount to the Government, with the Commissioner authorised to accept such payment either before or after prosecution is instituted. Eligibility is subject to prescribed manner and notable exclusions: prior compounding for specified offences, prior conviction, offences cognisable under other laws, and certain listed serious offences such as issuance of false invoices, wrongful availment of input tax credit, failure to remit collected tax, falsification of records, obstruction of officers, dealing in goods liable to confiscation, tampering with evidence, and attempts or abetment of these offences. Payment determined by the Commissioner abates any criminal proceedings for the same offence. Articles Goods and Services Tax - GST Fri, 28 Mar 2025 08:33:00 +0530 https://www.taxtmi.com/article/detailed?id=13946