What does the Section say?

Section 57 establishes the Consumer Welfare Fund. Certain amounts arising under GST law, especially where refunds are not payable to applicants due to the principle of unjust enrichment, are credited to this fund.

The money in the fund is utilized for consumer welfare activities and protection initiatives.

The Government prescribes the manner of administration, utilization, and management of the fund.

The provision ensures that tax amounts not refundable to specific persons are ultimately used for public benefit.

Example

A business claims a refund but has already passed the tax burden to customers. Since refund is not payable to the business, the amount may be credited to the Consumer Welfare Fund.

Key Points

• Consumer Welfare Fund established.
• Supports consumer protection activities.
• Linked with unjust enrichment provisions.
• Government regulates utilization.
• Public welfare objective.

In One Line

Amounts not refundable due to unjust enrichment may be transferred to the Consumer Welfare Fund.