Sl.No. | Offence | Compounding amount |
(1) | (2) | (3) |
1. | Offence specified under section 9(1)(a) of the Act | Rupees fifty thousand for the first offence and to be increased by hundred per cent of this amount for each subsequent offence. |
2. | Offence specified under section 9(1)(b) of the Act | Up to fifty per cent of the amount of duty evasion, subject to minimum of ten percent of duty evasion. |
3. | Offence specified under section 9(1)(bb) of the Act | Upto fifty per cent of the amount of duty evasion, subject to minimum of ten percent of duty evasion. |
4. | Offence specified under section 9(1)(bbb) of the Act | Upto twenty five per cent of the amount of duty evasion, subject to minimum of ten percent of duty evasion. |
5. | Offence specified under section 9(1)(bbbb) of the Act | Upto fifty per cent of the amount of CENVAT Credit wrongly taken or utilized, subject to minimum of ten percent of said amount. |
6. | Offence specified under section 9(1)(c) of the Act | Rupees fifty thousand for the first offence and to be increased by hundred per cent of this amount for each subsequent offence. |
7. | Offence specified under section 9(1)(d) of the Act | Upto twenty five per of the amount of duty evasion, subject to minimum of ten percent of duty evasion.” |
(Rahul Nangare)
Under Secretary to the Government of India
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