Tuesday, 10 January 2017

Section-51. Consumer Welfare Fund under Model GST Law

                        Section-51.                         Consumer Welfare Fund under Model GST Law


(1) There shall be established by the Central or a State Government a fund, to be
called the Consumer Welfare Fund.

(2) There shall be credited to the Fund, in such manner as may be prescribed, -

(a) the amount of tax referred to in sub-section (5) or sub-section (6) of section 48 ;
and

(b) any income earned from investment of the amount credited to the Fund and any
other monies received by the Central or a State Government for the purposes of

this Fund.

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