TaxTMI 
TaxTMI 
Central Excise - Transfer of Credit Balance lying in Personal Ledger Account under one minor head to another minor head - Regarding
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....nment of India Central Board of Excise & Customs New Delhi Subject : Central Excise - Transfer of Credit Balance lying in Personal Ledger Account under one minor head to another minor head - Regarding. The Board has examined the question of utilisation of credit balance of Special Excise Duty (SED) lying unutilised in the PLA consequent to the abolition of SED vide Notification No. 5/93-C.E., ....
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....-3-1986. Under Circular No. 30/80 issued from the Board's F.No. 202/ 39/80-CX.6, dated 22-7-1980, a procedure was prescribed according to which if an assessee desires to transfer balance in PLA to another minor head of account, he was to inform in writing to the Range Officer, who would submit the statement to the Collector giving the details etc. which is forwarded to the Chief Accounts Officer. ....
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.... head of account name of the commodity and tariff item balance of SED and (ii) sub major and minor head of BED account, name of the commodity and tariff item to which the amount is to be transferred. On receipt of the said application, the Range Superintendent after making necessary effect checks and verifications will permit the transfer of the credit balance under SED to the BED after indicating....