Question 25 – Draft-Bills-Reports – Offences and Penalties, Prosecution and Compounding – FAQ on GST dated 21.9.2016 based on Draft Model GST – Question 25 – Q 25. Are there any monetary limits prescribed for compounding of offence? Ans. Yes. The lower limit for compounding amount is to be the greater of the following amounts: 50% of tax involved, or 10,000. The upper limit for compounding amount is to be greater of the following amounts:- 150% of tax involved or Rs.30,000. – Statutory Provisio
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