TVAT Act 61Chapter VIII · Offences and Penalties

Section 61 · Compounding of offences

(1)

The authority prescribed may accept, from any dealer who has committed an offence under the Act by way of composition of such offence,-

(a)

where the offence consists of the evasion of tax, in addition to such tax, a sum of money equal to the amount of tax subject to a minimum of Rs.3,000 (Rupees three thousand only), and

(b)

in other cases a sum of money not exceeding Rs.3,000 (Rupees three thousand only).

(2)

Any order passed or proceeding recorded by the authority prescribed under sub-section (1) shall be final and no appeal or application for revision shall lie therefrom.

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