Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Compounding amount - Under Central Excise Act, 1944

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... :- TABLE Sl.No. Offence [under Central Excise Act, 1944] Offence in details Compounding amount (1) (2) (3) (4) 1. Offence specified under section 9(1)(a) of the Act Contravention of any of the provisions of section 8 or of a rule made under clause (iii) or clause (xxvii) of sub-section (2) of section 37; Rupees fifty thousand for the first offence and to be increased by hundred per ce .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nner deals with any excisable goods which he knows or has reason to believe are liable to confiscation under this Act or any rule made thereunder; Upto twenty five per cent of the amount of duty evasion, subject to minimum of ten per cent of duty evasion. 5. Offence specified under section 9(1)(bbbb) of the Act Contravenes the provisions of this Act or the rules made thereunder in relation to .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates