Reg.compounding authority for compounding of the offence

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....in the Official Gazette.2.       Definitions.- In these  rules, unless the context otherwise  requires,- a  "Act" means the Customs Act, 1962 (52 of 1962); b  "applicant" means any importer, exporter or any other person, but shall not include officers of Customs as appointed by Board or Commissioner of Customs under section 4; c "compounding authority" means the Chief Commissioner of Customs, having jurisdiction over the place where the offence under the Customs Act, 1962, has been or alleged to have been committed; d "form" means the form appended to these rules; e "reporting authority" means the Commissioner of Customs, having jurisdiction over the place where the offence un....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....urnished in the application, or any other information, which may be considered relevant for examination of such application.  (2) Such report shall be furnished by the reporting authority within a period of one month or within such extended period as may be allowed by the compounding authority, from the date of receipt of communication from the compounding authority. (3) The compounding authority after taking into account the contents of the said application may, by order, either allow the application indicating the compounding amount in terms of rule 5 and grant him immunity from prosecution in terms of rule 6 or reject such application: Provided that application shall not be rejected unless an opportunity has been ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....f the Act Rupees fifty thousand for the first offence and to be increased by hundred per cent. of this amount for each subsequent offence. 4 Offence specified under section 135(1)(a) of the Act Upto twenty per cent. of market value of the goods or Rupees ten lakhs whichever is higher. 5 Offence specified under section 135(1)(b) of the Act Upto twenty per cent. of market value of the goods or  Rupees ten lakhs whichever is higher. 6 Offence specified under section 135(1)(c) of the Act Upto twenty per cent. of market value of the goods or  Rupees ten lakhs whichever is higher. 7 Offence specified under section 135A of the Act Upto twenty per cent. of market value of the goods or  Rupees te....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nce with respect to which immunity was granted or for any other offence that appears to have been committed by him in connection with the compounding proceedings and thereupon the provisions of  the Customs Act, 1962 shall apply as if no such immunity had been granted. FORM (see rule 3) (Application for compounding offence) 1. Full Name and  address of  the  applicant: 2. Address for communication: 3. (i) Permanent Account  Number (PAN): (ii) Import Export Code (IEC) No: 4. Commissioner of  Customs having jurisdiction over the applicant: 5. The  violation of  provisions of  Customs  Act, 1962, against which prosecution is instituted or contemplated f....