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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:- .....

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d 2. Offence specified under section 89 (1)(b) of the Act Upto fifty per cent. of the amount of CENVAT Credit wrongly taken or utilised, subject to minimum of ten per cent. of said amount. 3. Offence specified under section 89 (1)(c) of the Act Rupee .....

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