Section 53 – Transfer of Amount to Consumer Welfare Fund
Section 53 of CGST Act, 2017 – Transfer of Amount to Consumer Welfare Fund Updated on: February 2026 (as applicable till date) Prepared by: Yours Tax Consultant 1. Scope and Objective of Section 53 Section 53 deals with the transfer of certain amounts to the Consumer Welfare Fund (CWF) . This provision is closely connected with the doctrine of unjust enrichment and refund mechanism under GST. 2. Statutory Provision – Section 53 Section 53: Any amount payable to the Consumer Welfare Fund under any of the provisions of this Act or the rules made thereunder shall be credited to the Fund in such manner as may be prescribed. 3. What is Consumer Welfare Fund (CWF)? The Consumer Welfare Fund is a statutory fund created to: Promote consumer welfare Protect consumer interests Utilise amounts not refundable to taxpayers Amounts credited to CWF are not retained as tax revenue but are earmarked for consumer-related purposes. 4. When is Amount Tra...