PLA payment

[raj nadh]

Dear Experts,

Suppose my PLA requirement is 2,50,000 for a month, but it is not paid within due date. In this case, shall I show this amount in 'TR-6/GAR-7 Challan Payments made in the month (in aggregate)' column in the ER-2 or not ??

Anand

[Rajagopalan Ranganathan]

Sir,

Now there is no question of maintaining PLA. After adjusting your credit account for payment of duty if you have to pay some more amount in cash you have to pay the same through GAR-7 on or before the prescribed due date and the same is to be shown in the appropriate column of E.R.@.

AI Summary

PLA payment guidance: unpaid duty must be paid by GAR-7 and reported in the ER-2 return before the due date. PLA maintenance is no longer applicable; after adjusting the credit account, any residual duty must be paid in cash by GAR-7 on or before the due date and shown in the ER-2 return's appropriate 'challan payments made in the month' column.