Consumer Welfare Fund: statutory fund to receive specified GST transfers and investment income under prescribed procedures. The Government must establish a Consumer Welfare Fund to be credited with the amount identified in sub section (5) of section 54, any income from investment of amounts credited to the Fund, and other monies received; the manner of crediting, investing, and receipt of such monies is to be prescribed by rule.
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: statutory fund to receive specified GST transfers and investment income under prescribed procedures.
The Government must establish a Consumer Welfare Fund to be credited with the amount identified in sub section (5) of section 54, any income from investment of amounts credited to the Fund, and other monies received; the manner of crediting, investing, and receipt of such monies is to be prescribed by rule.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.