Consumer Welfare Fund under GST is constituted for credited refund amounts, investment income, and other prescribed receipts. The Consumer Welfare Fund is to be constituted by the Government under the GST law as a dedicated fund for specified receipts. The Fund is credited with the amount referred to in the refund provision, income earned from investment of money credited to the Fund, and any other monies received in the prescribed manner. The provision establishes the legal source of the Fund's corpus and ties additional receipts to prescribed procedure, thereby setting out the mechanism for accumulation of amounts in the Fund.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Consumer Welfare Fund under GST is constituted for credited refund amounts, investment income, and other prescribed receipts.
The Consumer Welfare Fund is to be constituted by the Government under the GST law as a dedicated fund for specified receipts. The Fund is credited with the amount referred to in the refund provision, income earned from investment of money credited to the Fund, and any other monies received in the prescribed manner. The provision establishes the legal source of the Fund's corpus and ties additional receipts to prescribed procedure, thereby setting out the mechanism for accumulation of amounts in the Fund.
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