Consumer Welfare Fund created to receive specified GST refund transfers, investment income and prescribed contributions under state law. Creation of a Consumer Welfare Fund by the State to receive specified tax-related receipts and other monies. The Fund shall be credited with the amount referred to in subsection (5) of section 54, any income from investment of amounts credited to the Fund, and such other moneys received in the manner prescribed, thereby defining the Fund's permitted sources of credit under the State GST law.
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 created to receive specified GST refund transfers, investment income and prescribed contributions under state law.
Creation of a Consumer Welfare Fund by the State to receive specified tax-related receipts and other monies. The Fund shall be credited with the amount referred to in subsection (5) of section 54, any income from investment of amounts credited to the Fund, and such other moneys received in the manner prescribed, thereby defining the Fund's permitted sources of credit under the State GST law.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
