payment of PLA for the units filing ER-3

[MEHUL ASHAR]

Respected Sir,

                         One of my clients is taking the exemption of 1.5 crore,now as he has crossed the limit in the present month then if he has to pay the duty through PLA THEN he has to pay the duty monthly or quarterly.Please reply.

THANKING U

AI Summary

Client Exceeding 1.5 Crore Exemption Must Pay Excise Duty Quarterly Using Cenvat and PLA Accounts A client who has exceeded the 1.5 crore exemption limit is inquiring about the payment schedule for excise duty through the Personal Ledger Account (PLA). The response advises that if there is a sufficient credit balance in the Cenvat account as of March 31, 2014, the client can pay the excise duty from the Cenvat account. If not, the client should pay part of the duty from the Cenvat account and the remaining balance from the PLA on a quarterly basis.