Section 57 - Consumer Welfare Fund

57. Consumer Welfare Fund.[1]

The Government shall constitute a Fund, to be called the Consumer Welfare Fundand there shall be credited to the Fund,—

(a) the amount referred to in sub-section (5) of section 54;

(b) any income from investment of the amount credited to the Fund; and

(c) such other monies received by it,in such manner as may be prescribed.

 

[1] This Section was made effective by Notification No. 09/2017-Central Tax dt. 28-06-2017 wef 01-07-2017.

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