Pla a/c

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Sachin.S.Tandale

Sachin.S.Tandale (Querist)
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23 February 2012 What is PLA A/c? and is there any format for maintaning it?

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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23 February 2012 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. The Duty Payable if any will be displayed as Balance. PLA and CENVAT Credit should be used only for payment of excise duty and not for any other payments like rent, fines, penalties etc.

ANY QUERY:

http://www.cbec.gov.in/faq.htm

FORMAT

ANNEXURE-8
Original
Duplicate
Triplicate

Personal Ledger Account
For the month of…………200……….

Commissionerate:
Division:
Range:
Name of the factory
With address and
Registration
EC Code No.

Date and SL. No. of entry Particulars of credit/debit Document Description of documents with name of treasury where necessary No. Date Central excise Tariff Sub-heading number EC code of the buyer Basic Credit Excise Debit Duty Balance Credit Debit Balance

Cess on Commodities] Miscellaneous
Credit Debit Balance Credit Debit Balance Credit Debit Balance Credit Debit Balance

Signature of
he Assessee
or his agent
12

Notes:
1. This account should be prepared in triplicate using indelible pencil and double sided carbon. The original and duplicate copies should be detached and sent to the Central Excise Officer- Incharge alongwith the R.T. 12 Return.
2. Columns 7 to 9 of the Form have been left blank to be used for showing the appropriate type of duty and the duty credited and debited there against.
3. No. and date of invoice against which debit is raised in this account should be shown in Col. 3.
4. Where single invoice covers goods falling under different sub-heading, separate entries shall be made for each of such sub-heading.
5. Where consolidated debit entry is permitted to be made at the end of the day, separate entries shall be made for each sub-heading.
6. Assessee may exclude from their Accounts those of the Columns 7 to 11 which are inapplicable.
7. The closing balance in the last month’s PLA should be brought and shown in the column for credit against the entry “balance BF”. Which should be verified by the C.A.O. with the closing balance in the last month’s PLA.

U CAN ALSO PROVIDE EMAIL OTHERWISE DOWNLOSD IT THE LINK:

http://taxguru.in/excise-duty/central-excise-forms-in-excel-and-word-format.html

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