https://www.taxtmi.com/forum/issue?id=107009 A Personal Ledger Account (PLA) is an assessee maintained duty credit/debit ledger with an authorised bank; GAR 7 deposits enable crediting amounts to the PLA and debits occur on removals, consumption, capital goods use, interest, penalties and payments under CENVAT rules. There is no present requirement to obtain a PLA number or to seek prior permission/intimation from the excise department to open the bank account used for the PLA. en-us Thu, 10 Jul 2014 23:55:37 +0530 Thu, 23 Jan 2025 15:57:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107009 A Personal Ledger Account (PLA) is an assessee maintained duty credit/debit ledger with an authorised bank; GAR 7 deposits enable crediting amounts to the PLA and debits occur on removals, consumption, capital goods use, interest, penalties and payments under CENVAT rules. There is no present requirement to obtain a PLA number or to seek prior permission/intimation from the excise department to open the bank account used for the PLA. Discussion-Forum Central Excise Thu, 10 Jul 2014 23:55:37 +0530 https://www.taxtmi.com/forum/issue?id=107009