According to Section 57 of Central Goods and Service Tax Act, 2017 as passed by Lok Sabha :

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

  1. the amount referred to in sub-section (5) of section 54;
  2. any income from investment of the amount credited to the Fund; and
  3. such other monies received by it, in such manner as may be prescribed.
  1. GST Acts and Rules
  2. CGST Act - Central Goods and Services Tax Act
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CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .