61. Compounding of offences.
(1) The authority prescribed may accept , from any dealer or transporter 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),
(aa) in the case of transporter, who have commited an offence under section 59, a sum not exceeding Rs 1,00,000 /- (Rupees one lakh only)
(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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