Account current (pla) querry

 

In Excise return which figures i have to write in account current(cash account).

 

7. ABSTRACT OF ACCOUNT-CURRENT (CASH PAYMENT)
Summary Particulars Amount (Rs.)
Opening Balance *   0
GAR-7 Challan Payments made in the month (in aggregate) * 0
Adjustment of excess duty paid during previous period under subrule(2) of rule 12BB *(in case of LTU)  0
Total Amount Available 0
Utilization towards Payment of Duties on excisable goods during the month(vide. Details furnished under col. no.3 in Sl.No.(6) of the Return) * 0
Utilization towards Other Payments Made during the month(vide. Details furnished under Sl.No.(9) of the Return) * 0
Closing Balance 0

 

(Our client is in excise from september, i mean if figures are such :

September : we have cenvat credit and also sales so partly credit is utilised and balance carry forward/

October,November,December : there was cenvat credit and at the end of month excise payable is coming

but client has paid all amount in February.

Now, in these months I have to write which figures in account current column in ER.1

This client came under excise in current year. 

Pls also guide which are the registers or stmt which excise covered client has to prepare .

Replies (3)

To be fill   (12BB for large Tax payer) not for you.  

 

7. ABSTRACT OF ACCOUNT-CURRENT (CASH PAYMENT)
Summary Particulars Amount (Rs.)
Opening Balance *   60125
GAR-7 Challan Payments made in the month (in aggregate) * 0
Adjustment of excess duty paid during previous period under subrule(2) of rule 12BB *(in case of LTU)  0
Total Amount Available 60125
Utilization towards Payment of Duties on excisable goods during the month(vide. Details furnished under col. no.3 in Sl.No.(6) of the Return) * 20113
Utilization towards Other Payments Made during the month(vide. Details furnished under Sl.No.(9) of the Return) * 0
Closing Balance 40012

So those who are not LTU doesnt have to write any amount in that column?

even if you are an LTU, value against that field will be placed only when you have excess duty paid in the previous period.

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