Consumer Welfare Fund

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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.

Notes

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

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