(1) Any offence under this Act may, either before or after the institution of
prosecution, be compounded by the Commissioner on payment, by the person accused
of the offence, to the Central Government or the State Government, as the case
be, of such compounding amount in such manner as may be prescribed:
Provided that nothing contained in this section shall apply to-
a person who has been allowed to compound once in respect of any of the offences
specified in clauses (a) to
(f) of sub-section (1) of section 132 and the offences specified in clause (l)
which are relatable to offences specified in clauses (a) to (f) of the said
sub-section;
a person who has been allowed to compound once in respect of any offence, other
than those in clause (a), under this Act or under the provisions of any State
Goods and Services Tax Act or the Union Territory Goods and Services Tax Act or
the Integrated Goods and Services Tax Act in respect of supplies of value
exceeding one crore rupees;
a person who has been accused of committing an offence under this Act which is
also an offence under any other law for the time being in force;
a person who has been convicted for an offence under this Act by a court;
a person who has been accused of committing an offence specified in clause (g)
or clause (j) or clause (k) of sub-section (1) of section 132; and
any other class of persons or offences as may be prescribed:
Provided further that any compounding allowed under the provisions of this
section shall not affect the proceedings, if any, instituted under any other
law:
Provided also that compounding shall be allowed only after making payment of
tax, interest and penalty involved in such offences.
(2) The amount for compounding of offences under this section shall be such as
may be prescribed, subject to the minimum amount not being less than ten
thousand rupees or fifty per cent. of the tax involved, whichever is higher, and
the maximum amount not being less than thirty thousand rupees or one hundred and
fifty per cent. of the tax, whichever is higher.
(3) On payment of such compounding amount as may be determined by the
Commissioner, no further proceedings shall be initiated under this Act against
the accused person in respect of the same offence and any criminal proceedings,
if already initiated in respect of the said offence, shall stand abated.
Chapter XIX Offences and Penalties
Section 122 : Penalty for certain offences
Section 123 : Penalty for failure to furnish information returns
Section 124: Fine for failure to furnish statistics
Section 126 : General disciplines related to penalty
Section 127 : Power to impose penalty in certain cases
Section 128 : Power to wave penalty or fee or both
Section 129 : Detention, seizure and release of goods and conveyances in transit
Section 130 : Confiscation of goods or conveyances and levy of penalty
Section 131 : Confiscation or penalty not to interfere with other punishments
Section 132 : Punishment for certain offences
Section 133 : Liability of officers and certain other persons
Section 134 : Cognizance of offences
Section 135 : Presumption of culpable mental state
Section 136 : Relevancy of statement under certain circumstances
Section 137 : Offences by Companies
Section 138 : Compounding of offences
Chapter XX Transitional Provisions
Section 139 : Migration of existing tax payers
Section 140 : Transitional arrangements for input tax credit
Section 141 : Transitional Provision relating to job work
Section 142 : Miscellaneous transitional provisions
Chapter XXI Miscellaneous
Section 143 : Job Work Procedure
Section 144 : Presumption as to documents in certain cases
Section 148 : Special Procedure for certain processes
Section 149 : Goods and Services tax compliance rating
Section 150 : Obligation to furnish information return
Section 151 : Power to collect statistics
Section 152 : Bar on disclosure of information
Section 153 : Taking assistance from an expert
Section 154 : Power to take samples
Section 156 : Persons deemed to be public servants
Section 157 : Protection of action taken under this act
Section 158 : Disclosure of Information by a pubic servant
Section 159 : Publication for information in respect of persons in certain cases
Section 160 : Assessment Proceedings etc not to be invalid on certain grounds
Section 161 : Rectification of errors apparent on the face of record
Section 162 : Bar on Jurisdiction of Civil Court
Section 164 : Power of Government to make rules
Section 165 : Power to make regulations
Section 166 : Laying of Rules regulations and notifications
Section 167 : Delegation of Powers
Section 168 : Power to issue instructions or directions
Section 169 : Service of notice in certain circumstances
Section 170 : Rounding off of tax etc
Section 171 : Anti Profiteering Measure
Section 172 : Removal of difficulties
Section 173 : Amendment of Act 32 of 1994
Section 174 : Repeal and Saving
Schedule I
Activities to be treated as supply made even if made without consideration
Schedule II
Activities to be treated as supply of goods or supply of service
Schedule III
3%, 5%, 18% GST items 26.7.2018
18% GST notification 10.11.2017
0%, 5%, 12% reduced on 10.11.17
IGST Rates reduced on 10.11.2017
3% & 0.25% GST Goods (Original)
18% GST Materials (Original List)
Compensation Cess Rates (Original)