In force · As amended up to 2026-08
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,—
1. Subs. by Act 31 of 2016, s. 246 & Sch. II, for "and the Securitisation and Reconstruction of Financial Assets and the Enforcement of Security Interest Act, 2002 (54 of 2002)" (w.e.f. 1-11-2016).
2. Subs. by Act 33 of 1996, s. 78,
3. Subs. by ibid , s. 78, for "Sea Customs Act, 1878 (8 of 1878)".
4. Ins. by Act 8 of 2011, s. 67 (w.r.e.f. 10-5-2008).
5. Ins. by ibid, s. 67 (w.e.f. 10-5-2008).
6. Ins. by Act 40 of 1991, s. 6 (w.e.f. 20-9-1991).
(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;
1[(d) the surplus amount referred to in sub-section (6) of Section 73A of the Finance Act, 1994 (32 of 1994).]
Source: India Code