27 June 2010
What is PLA Account? Does it used only for paying Excise Duty? Also please provide me the journal entry to be passed while paying excise duty through PLA. Thank you, With regards, Rajesh
27 June 2010
PLA account is just maintained as per Rules... there is not accounting entry to be passed at time of making payment through PLA.. Pass simple accounting entry only... Excise to BAnk.... nothing special.....