Consumer Welfare Fund


Central Goods and Service Tax Act, 2017

Consumer Welfare Fund (Sec. 57)

The Government shall constitute a Fund, to be called the Consumer Welfare Fund and there shall be credited to the Fund,—

  1. the amount referred to in sub-section (5) of section 54;
  2. any income from investment of the amount credited to the Fund; and
  3. such other monies received by it,

in such manner as may be prescribed.


  • This section provides that tax and other amounts which are otherwise refundable barring unjust enrichment shall be credited to a Consumer Welfare Fund.

Also Read  Determination of tax not paid or short paid or erroneously re-funded or input tax credit wrongly availed or utilised by reason of fraud or any wilful misstatement or suppression of facts
You must be logged in to post comments