GST Are there any monetary limits prescribed for compounding of offence?

Discussion in 'GST (Goods & Service Tax)' started by Raju Choudhary, Apr 20, 2017.

  1. Raju Choudhary

    Raju Choudhary Active Member Staff Member

    Ans. Yes. The lower limit for compounding amount is to be the greater of the following amounts: -
    • 50% of tax involved, or
    • Rs. 10,000.
    The upper limit for compounding amount is to be greater
    of the following amounts: -
    • 150% of tax involved or
    • Rs. 30,000.
     

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