Personal Ledger Account maintenance requires triplicate records, detailed duty columnisation and invoice-specific entries with closing balance verification. Personal Ledger Account requires triplicate preparation and submission with the periodic return, using indelible pencil and carbon copies; the form records invoice number and date, separate credit/debit/balance columns for duty heads, and separate entries for each tariff sub heading even if one invoice covers multiple sub headings. Consolidated end of day debits may be permitted but must still show separate sub heading entries. Assessees may exclude inapplicable duty columns. The last month's closing balance must be carried forward as 'balance BF' and verified by the accounting officer.
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Personal Ledger Account maintenance requires triplicate records, detailed duty columnisation and invoice-specific entries with closing balance verification.
Personal Ledger Account requires triplicate preparation and submission with the periodic return, using indelible pencil and carbon copies; the form records invoice number and date, separate credit/debit/balance columns for duty heads, and separate entries for each tariff sub heading even if one invoice covers multiple sub headings. Consolidated end of day debits may be permitted but must still show separate sub heading entries. Assessees may exclude inapplicable duty columns. The last month's closing balance must be carried forward as "balance BF" and verified by the accounting officer.
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