NewsGST Doctor Software is free of charge for the officers of GST, to remove any restrictions please download the updated GST Doctor Software →

Sunday, June 19, 2022

Section 58 of CGST Act 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 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.