Amendments to the Central Excise (Compounding of Offences) Rules, 2005

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.... The undersigned is directed to refer to notification No.42/2007-C.E.(N.T) dated 27.12.2007, wherein amendments have been carried out in the Central Excise (Compounding of Offences) Rules, 2005. 2. Rule 5 of the said Rules has been amended to revise the compounding amount prescribed under the rules. Further, a proviso has been inserted in this rule, which provides that if a person has, in respe....

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....No. 2 in the table given in the Notification) and this amount is higher than or equal to those prescribed for other two offences. Therefore, the compounding amount for all the said offences shall be determined under the said category of one offence [under section 9(1) (b)] only. b) A person takes or utilizes CENVAT credit wrongly and also furnishes false information. He, therefore, commits offe....

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....t of duty; and (ii) Wrong availment of CENVAT Credit, as the goods involved and duty evasion amount are different for these offences. 3. Further, in rule 4, a new provision has been added, whereby it has been provided that an applicant should pay duty, penalty, and interest before submission of application for compounding. Correspondingly, the Application Form has also been amended. 4.....