https://www.taxtmi.com/forum/issue?id=106779 Excise payers must remit the cash component of monthly excise duty by the applicable deadline based on payment mode; late payment attracts interest at the prescribed rate. Historically, sums deposited by TR-6 challan required the assessee to take credit into the Personal Ledger Account and banks did not transfer deposits into PLA, but this practice has been discontinued following introduction of ACES and the GAR-7 challan. en-us Wed, 07 May 2014 10:04:39 +0530 Thu, 23 Jan 2025 15:57:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106779 Excise payers must remit the cash component of monthly excise duty by the applicable deadline based on payment mode; late payment attracts interest at the prescribed rate. Historically, sums deposited by TR-6 challan required the assessee to take credit into the Personal Ledger Account and banks did not transfer deposits into PLA, but this practice has been discontinued following introduction of ACES and the GAR-7 challan. Discussion-Forum Central Excise Wed, 07 May 2014 10:04:39 +0530 https://www.taxtmi.com/forum/issue?id=106779