Consumer Welfare Fund accounting: Transfers of non-refundable duties credited to the Fund and procedures for budgetary treatment. A Consumer Welfare Fund in the Public Account will receive non refundable excise and customs duties; such transfers are treated as adjustments of tax revenue via sub heads 'Deduct Refunds Amount transferred to Consumer welfare Fund' and credited under major head 8229. Expenditure is initially charged to the Consolidated Fund under a distinct minor head 'Consumer Welfare Fund' within major head 3456 or as grants in aid under 3601/3602 and simultaneously recovered from the CWF by contra entries. Monthly remittances by designated Pay & Accounts Officers and monthly reporting by the Controller of Accounts (Civil Supplies) are required.
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 accounting: Transfers of non-refundable duties credited to the Fund and procedures for budgetary treatment.
A Consumer Welfare Fund in the Public Account will receive non refundable excise and customs duties; such transfers are treated as adjustments of tax revenue via sub heads 'Deduct Refunds Amount transferred to Consumer welfare Fund' and credited under major head 8229. Expenditure is initially charged to the Consolidated Fund under a distinct minor head 'Consumer Welfare Fund' within major head 3456 or as grants in aid under 3601/3602 and simultaneously recovered from the CWF by contra entries. Monthly remittances by designated Pay & Accounts Officers and monthly reporting by the Controller of Accounts (Civil Supplies) are required.
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