THE CENTRAL GOODS AND SERVICES TAX ACT, 2017
REFUNDS
Section 58: Utilisation of Fund (Relevant Rule Rule 97)
(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.