How pla is treated in accounts

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Querist : Anonymous

Querist : Anonymous (Querist)

13 August 2011 Sir,
I want to know full accounting systems of excise.
What is PLA?
how it is treated.etc

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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13 August 2011 PLA = Personnel Ledger Account
this is basically used in excise to maintain the entries of
cash(Cheque or e-payment) deposit and payment of duty from
this amount throughout the year.
if the input is less then payable duty then you have to
deposit the balance amount in bank and put the entries in
PLA register.

Excise Returns Are
E.R-1 = for manufacturing units(not for SSI units)
E.R.-2 = for 100% Export oriented unit
E.R.-3 = for SSI units
E.R.4 = Annual Return for all above units

Due date of Returns is 10 th of every month

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