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		<title>58 Utilisation of Fund- CGST Billl 2017</title>
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		<dc:creator><![CDATA[CA Satbir Singh]]></dc:creator>
		<pubDate>Fri, 07 Apr 2017 11:22:53 +0000</pubDate>
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		<category><![CDATA[Section 58 CGST Billl 2017]]></category>
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					<description><![CDATA[<p>CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 Utilisation of Fund.   (1) All sums credited to the Fund shall be utilised by the Government for the welfare of the consumers in such manner as may be prescribed. (2) The Government or the… <span class="read-more"><a href="https://www.taxheal.com/58-utilisation-fund-cgst-billl-2017.html">Read More &#187;</a></span></p>
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										<content:encoded><![CDATA[<p style="text-align: center;" align="center"><a href="http://taxheal.com/cgst-billl-2017-chapter-wise-section-wise.html" target="_blank">CGST Billl 2017</a></p>
<p style="text-align: center;" align="center"><span style="font-family: 'Georgia','serif'; color: #333333;">AS INTRODUCED IN LOK SABHA<br />
Bill No. 57 of 2017</span></p>
<p style="text-align: center;" align="center"><a href="http://taxheal.com/cgst-billl-2017-chapter-wise-section-wise.html" target="_blank"><span style="font-family: 'Georgia','serif'; color: #333333;">THE CENTRAL GOODS AND SERVICES TAX BILL, 2017</span></a></p>
<p><strong>Utilisation of Fund. </strong><strong> </strong></p>
<ol start="58">
<li>(<em>1</em>) All sums credited to the Fund shall be utilised by the Government for the welfare of the consumers in such manner as may be prescribed.</li>
</ol>
<p style="padding-left: 30px;">(<em>2</em>) The Government or the authority specified by it shall maintain proper and separate account and other relevant records in relation to the Fund and prepare an annual statement of accounts in such form as may be prescribed in consultation with the Comptroller and Auditor General of India.</p>
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