Question 25 - Are there any monetary limits prescribed for compounding of offence - FAQ on GST dated 21.9.2016 based on Draft Model GST

Q 25. Are there any monetary limits prescribed for compounding of offence? Ans. Yes. The lower limit for compounding amount is to be the greater of the following amounts: 50% of tax involved, or 10,000. The upper limit for compounding amount is to be greater of the following amounts:- 150% of tax involved or Rs.30,000.