Rule 5. Fixation of the compounding amount

Official text

Rule 1[5. Fixation of the compounding amount. -

For the purpose of compounding of offences under the various provisions of the Act, the compounding amount shall be as provided in the following table :

Provided that if a person has, in respect of same goods, committed offences falling under more than one 2[category specified below] and where amount of duty evasion, or, amount of drawback exemption from duty, provided under the Act in connection with export goods; or amount of market value of the goods is same for all such offences, the compounding amount, in such cases, shall be the amount determined for the offence for which a higher compounding amount has been prescribed.

[[TABLE 1]]

1.Substituted by Notification No. 118/2008-Cus. (N.T.), dated 12-11-2008.

2. Corrected by M.F. (D.R.) Corrigendum F. No. 450/67/2003-Cus. IV (Pt.), dated 18-11-2008.

3. Corrected by M.F. (D.R.) Corrigendum F. No. 450/67/2003-Cus. IV (Pt.), dated 18-11-2008.

4. Inserted by Notification No. 69/2022-Cus. (N.T.), dated 22-08-2022.