EXCISE DUTY PAYABLE THROUGH P.L.A.

is there is any minimum % of duty to be paid through pla deposit?

if we have sufficient modvat credit in RG 23, can we pay whole duty payable through RG-23?

if not what is the procedure to pay duty? 

Replies (7)

Yes,  whole duty can be paid through RG23.

But in my opinion all credit should not utilised for payment, some amount should be paid through PLA , becuase if u have taken credit of some inputs which is not allowed(by mistake), u can claim that u have not utilised it for payment of duty. 

Agreed for Mr alok answer................................................

can u Tell me whole procedure of Excise please?

agreed with alok

Dear Sir,

I just want to know that we have 2 plant. One in faridabad and another in palwal. If one unit deposit PLA in every month & another unit claim MODVAT in every month. So, my quention is that can only PLA amount be tranfered from one unit to another, and the same be submitted in divisions of both unit

 

 I just want to know that we have 2 plant. One in faridabad and another in palwal. If one unit deposit PLA in every month & another unit claim MODVAT in every month. So, my quention is that can only PLA amount be tranfered from one unit to another, and the same be submitted in divisions of both unit


 
 

First answer for Abhishek

 

You will utilized the excise duty for debited of excise duty. But you will submit the excise and debited the same in PLA as per value addition.

 

Second Answer For Deb Prasad

 

You have seperate ECC No. for your both plant and the amount submitted in such ECC NO. You will not transfer the same. If anyone suggest you the same please inform me at mdec.anand @ gmail.com

 

Anand 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
29 July 2026
ACCOUNTANT

ONESTEP GST SOLUTION

New Delhi

B.Com

View Details
Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
Featured 16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT, CA SemiQualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details