Utilization of the Fund :
All sums credited to the Fund shall be utilised by the Central/State Government for the welfare of the consumers in such manner as may be prescribed – section 58(1) of CGST Act.
The Central/State Government or the authority specified by it which 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 – section 58(2) of CGST Act.