Rules to amend Customs (Compounding of Offences) Rules, 2005

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....ment of Revenue)  Notification No.118/ 2008-Customs (N.T.) New Delhi, the 12th November, 2008 G.S.R. 786 (E).- In exercise of the powers conferred by clause (h) of sub-section (2) of section 156, read with sub-section (3) of section 137, of the Customs Act, 1962 (52 of 1962), the Central Government hereby makes the following rules to amend Customs (Compounding of Offences) Rules....

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....; "5. Fixation of the compounding amount.- For the purpose of compounding of offences under the various provisions of the Act, the compounding amount shall be as provided in the following Table: Provided that if a person has, in respect of same goods, committed offences falling under more than one category specified below and where amount of duty evasion, or, amount of drawback o....

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.... Fifty thousand rupees 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 ten per cent. of the amount of market value of the goods, subject to a minimum of one lakh rupees. 5. Offence specified under Section 135 (1) (b) of the Act Upto five per cent. of the amou....