Consumer Welfare Fund under GST - Creation and utilisation under GST

Consumer Welfare Fund under GST - Creation and utilisation under GST

Making of Consumer Welfare Fund under GST 

1. There should be built up by the Central or a State Government a reserve, to be known as the Consumer Welfare Fund. 

2. There should be credited to the Fund, in such way as might be endorsed, - 

(a) The measure of duty which isn't paid to the candidate straightforwardly, is credited in this store; and 

(b) Any wage earned from speculation of the sum credited to the Fund and some other monies got by the Central or a State Government for the motivations behind this Fund. 

Usage of Consumer Welfare Fund under GST 

1. Any cash credited to the Fund might be used by the Central/State Government for the welfare of the purchasers as per such decides as that Government may make for this benefit. 

2. The Central/State Government should keep up or, in the event that it supposes fit, determine the specialist which might keep up, legitimate and isolate account and other significant records in connection to the Fund in such shape as might be endorsed in meeting with the Comptroller and Auditor-General of India.


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