Central Excise - Transfer of Credit balance lying in Personal Ledger Account under one minor head to another minor head

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....86-CX.6] Government of India Ministry of Finance (Department of Revenue) New Delhi Subject : Central Excise - Transfer of Credit balance lying in Personal Ledger Account under one minor head to another minor head The Board has considered the question of utilisation of the credit balance of SED (special excise duty) lying unutilised in the PLA consequent on the abolition of special e....

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....s SED on all excisable goods has been abolished altogether, there should be no objection to the unutilised amount of SED lying in PLA being allowed to be transferred towards the minor head account of BED. 3. The assessee desiring to transfer the unutilised credit balance of SED to the head of account of BED in his PLA may make an application in quintuplicate indicating, inter alia, (i) name and....

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....ssessee, who would attach the same to the RT-12 pertaining to the month in which the transfer is effected. 4. A consolidated statement in duplicate showing the unutilised credit in the PLA should be sent by the C.A.O. to the P.A.O. (Pay and Accounts Officer) indicating clearly the sub-major, minor and the detailed head of account to which the credit pertains and also the sub-major/minor head to....