https://www.taxtmi.com/caselaws?id=47934 The court interpreted Rule 5 of the Customs (Compounding of Offences) Rules, 2005, regarding the compounding amount under Section 135(1)(a) of the Customs Act, 1962. The court disagreed with the petitioner's argument that the compounding amount should be discretionary, upholding the fixed amount of Rs. 10 lakhs imposed by the Compounding Authority. The court emphasized the importance of the phrase "whichever is higher" in the rule. The petitioner's previous appeal to the Supreme Court was dismissed, directing them to approach the appropriate forum within a specified time, which led to the final dismissal of the petition by the High Court. en-us Fri, 15 Sep 2006 00:00:00 +0530 Sat, 31 Jul 2010 16:50:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47934 The court interpreted Rule 5 of the Customs (Compounding of Offences) Rules, 2005, regarding the compounding amount under Section 135(1)(a) of the Customs Act, 1962. The court disagreed with the petitioner's argument that the compounding amount should be discretionary, upholding the fixed amount of Rs. 10 lakhs imposed by the Compounding Authority. The court emphasized the importance of the phrase "whichever is higher" in the rule. The petitioner's previous appeal to the Supreme Court was dismissed, directing them to approach the appropriate forum within a specified time, which led to the final dismissal of the petition by the High Court. Case-Laws Customs Fri, 15 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47934