Section 12C:
Consumer Welfare Fund.
1[12C. Consumer Welfare Fund.-- (1) There shall be established by the Central Government a fund,
to be called the Consumer Welfare Fund.
(2) There shall be credited to the Fund, in such manner as may be prescribed,--
(a) the amount of duty of excise referred to in sub-section (2) of Section 11B or sub-section (2) of
Section 11C or sub-section (2) of Section 11D;
(b) the amount of duty of customs referred to in sub-section (2) of Section 27 or sub-section (2) of
Section 28A, or sub-section (2) of Section 28B of the Customs Act, 1962 (52 of 1962);
(c) any income from investment of the amount credited to the Fund and any other monies received
by the Central Government for the purposes of this Fund;
2](d) the surplus amount referred to in sub-section (6) of Section 73A of the Finance Act, 1994 (32
of 1994).]]
Notes:
1. Ins. by Act 40 of 1991, s. 6 (w.e.f. 20-9-1991).2. Ins. by Act 21 of 2006, s. 64.