Pla
This query is : Resolved
swati jain
(Querist)
02 May 2016
Is payment of excise duty through PLA mandatory?
CA Himanshu Ojha
(Expert)
02 May 2016
If you have the input cenvat available, you can utilise the same. The difference amount has to paid through PLA.
swati jain
(Querist)
02 May 2016
i.e. if any amount is payable, it has to be paid through PLA ?
CA Himanshu Ojha
(Expert)
02 May 2016
Yes, through TR 6 challan
swati jain
(Querist)
02 May 2016
are there any exception to this?
CA Himanshu Ojha
(Expert)
02 May 2016
No, there is no exception. Personal ledger Account is an account with the Central Government, which is utilized for payment of duty of excise. The account is credited when the sum is deposited into the treasury and debited on payment of excise duty.
Hope this clarifies your doubt.
Message likes :
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Arun Kumar Singh
(Expert)
24 June 2016
It is not mandatory.
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