Section 57 Bihar GST Act 2017 : Consumer Welfare Fund

By | July 5, 2017

Section 57 Bihar GST Act 2017

[ Section 57 of Bihar GST Act 2017  explains Consumer Welfare Fund and is covered in Chapter XI – Refunds 

57. Consumer Welfare Fund.

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

(a) the amount referred to in sub-section (5) of section 54;
(b) any income from investment of the amount credited to the Fund; and
(c) such other monies received by it, in such manner as may be prescribed.

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