Entries in pla

what entries are required to be passed in pla? explain with an example.

 

Replies (2)

Every invoice entry for which you avail CENVAT credit and you utilize the credit is to be entered in PLA account. Also challan paid is entered in PLA account.

 Each credit and debit entry should be made on separate lines and assigned a running serial number for the financial year.

The PLA must be prepared in triplicate by writing with indelible pencil and using double-sided carbon - original and duplicate copies of the PLA should be detached by the manufacturers and sent to the Central Excise Officer in charge along with the monthly/quarterly periodical return in form E.R.1.

Dear Riswa ji,

Reply to your Para 2;

You are telling Manually maintain "Personal Ledger Account". Now a days it is not required. We can maintain soft copies also, such as: Excel Spread sheet.

CBEC clarifies that every assessee require to file ER1 in e-filing,

The question of Cenvat Account, PLA A/c. enclosers also not required in this instance.

 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details