What is PLA Account ?
2 Replies
sachin kakkar
(CA)
(188 Points)
Replied 11 October 2010
personal ledger account..... cnt b explaind in d foroum.... bec its very lengthy....
but for d crux u cn tke it as "cash"... v pay excise liability through 2 ways... 1. is by using ccr and 2. by using PLA or in other words by payment in cash
Anand
(ACCOUNTS EXECUTIVE)
(68 Points)
Replied 14 October 2010
PLA ( Personal Ledger Account) generally used for deposited of excise duty, interest, penalty and other excise liablities throught cash/cheque and debited excise duty
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