LEGAL NEWS
Victory for Oil Marketing Companies: Delhi High Court Orders Refund of Compounding Fee! Keywords: Fees, Refund, Oil marketing companies, Delhi High Court
The ‘compounding charge’ paid for compounding an offence under a statute, according to the Delhi High Court, is neither a tax or levy. The court noted that a person deposits the compounding fee in order to avoid the start of coercive procedures against him and to receive closure. Therefore, it Read more…