Text
The text below is the section as served by the CBIC tax information portal on 17 September 2026, with the portal's own amendment footnote markers (shown as small numerals before a bracket) and its footnotes.[1] The Act as published in the Gazette of India is the legal source.
Section 58, verbatim (show)
* Section 58. 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.
*Enforced w.e.f. 1st July, 2017.
Questions to answer on the file
Questions a reviewer answers from the engagement file, grouped by the part of the section they come from. They describe what the section asks; they do not decide it.
Scope the section as a whole
Questions to answer on the file2 questions
Utilisation for the welfare of the consumers 58(1)
Questions to answer on the file5 questions
The account and records in relation to the Fund 58(2), the maintaining limb
Questions to answer on the file4 questions
The annual statement of accounts 58(2), the preparing limb
Questions to answer on the file4 questions
Amendment history
The CBIC text carries 1 footnote. The table gives each in the source's own terms. Effective dates are as the footnotes state them.[1]
| Note | Change | Instrument | Effective from |
|---|---|---|---|
| records the commencement of the section; it does not change its words | the notification enforcing the section | w.e.f. 1st July, 2017 |
Relationship with other provisions
| Provision | Connection | Words that tie them |
|---|---|---|
| Section 57 | this provision requires Section 57 | 58(1) "All sums credited to the Fund shall be utilised by the Government" |
Circulars and notifications
Circulars and notifications in the CBIC repository that cite this section, newest first, by number, date and subject. A listing here does not say what an instrument decides; read the instrument.
Notifications (1)
| Number | Date | Subject |
|---|---|---|
| Notification No. 10/2017-Central Tax | 28 June 2017 | Seeks to amend CGST Rules notification no 3/2017-Central Tax dt 19.06.2017 amended by a later instrument |
Unsettled questions
The words of section 58 do not answer this question. Where one decides a matter on the file, the answer depends on the position taken on it.
- Does the consultation with the Comptroller and Auditor-General of India that sub-section (2) requires attach to the prescribing of the form, or to the preparation of the annual statement?
See also
- Section 57 of the CGST Act, 2017: consumer Welfare Fund
References
- Central Board of Indirect Taxes and Customs. "Section 58. Utilisation of Fund". Central Goods and Services Tax Act, 2017, CBIC tax information portal, with amendment footnotes 1 to 1. Retrieved 17 September 2026.
External links
- CGST Act, 2017, Section 58 on the CBIC tax information portal