51 Consumer Welfare Fund – Revised Model GST Law ( Nov 2016)

By | March 13, 2017
(Last Updated On: March 13, 2017)

Revised Model GST Law ( Nov 2016)

Section 51 Revised Model GST Law ( Nov 2016)

  1. Consumer Welfare Fund 

(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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