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Compounding amount - Under Service Tax Provision

Central Excise - Compounding of Offences under Indirect Tax Laws - 10 - Under the compounding rules framed by Central Government, the compounding amounts have been fixed considering the gravity of offence. The compounding amounts fixed are as under:- Table S.No. Offence under Finance Act, 1994 Compounding amount (1) (2) (3) 1. Offence specified under section 89 (1)(a) of the Act Up to fifty per cent. of the amount of service tax evasion, subject to minimum of ten per cent. of amount of tax evade .....

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