PLA A/C
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 April 2011
sir,
what is PLA A/C in excise.
what and how the entries are passed in this a/c.
&
why this a/c is maintained
please describe me in detail....!!!
what is PLA A/C in excise.
what and how the entries are passed in this a/c.
&
why this a/c is maintained
please describe me in detail....!!!
02 June 2011
Personal Ledger Account (PLA) is an account current through which Assessee pays the Duty to the Government. The PLA register is credited when the duty is liable to pay and when the Duty is discharged (by CENVAT Credit /Payment) the PLA register will be debited.
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