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Pla

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(Querist)
28 December 2013 what do we mean by the balance in pla a/c?
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@VaibhavJ

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@VaibhavJ (Expert)
28 December 2013 Hi

PLA is account which you have with Excise Department.

The amount of Excise Duty Payable and Paid is recorded in the PLA account and in addition to that if you have taken any credit for the same then the same is also deducted from the excise duty payable by you instead of payment to be made by you.

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