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AMOUNT DEPOSIT IN PLA

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..... Sir, We are Chemical mfg Last 6 Months due to recession sales is slow down due to another material production we are purchsing Raw material , so CENVAT accumulated . Due to above reason we are debit Cenvat through A P II , CPII Balance Service tax but not in PLA . Range suptd. pressurising that u can paid duty through PLA otherewise u can face lots of problem . Now my confusion is th .....

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..... at , is it mandatory to debit duty PLA ? if we can not pay through PLA is it any Excise litigation face our unit. Please guide revert your valuable reply . SACHIN - Reply By Pradeep Khatri - The Reply = If there is accumalation of CENVAT credit then you can pay duty through credit account. There is no hard and fast rule that Central Excise duties must be paid only from PLA. If you are p .....

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..... aying central excise duty from Credit account then Range Superintendent can force you to pay it through PLA. - Reply By NEERAJ KUMAR, RANCHI - The Reply = No as per provision it is not mandatory to pay duty through PLA. - Reply By Joginder Pal - The Reply = Hi Mr. Shah, It is not clear what reason the Range Supdtt. is giving about the problem you are likely to face if you pay excise d .....

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..... uty by debit of CENVAT account. There is no compelsion that the unit must pay duty through PLA only. The only reason coming to my mind is that Excice department has some targets of Excise Duty collection, which are effected if the assessees pay duty through CENVAT credit. Generally such suggestions come from Excise Deptt during Jan to March every year so that they can fulfil their yearly targets o .....

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..... f duty collection. You should ask the Range Supdtt to explain you reason for such direction. In case it is due to the above stated reason, you should decide keeping on mind your relations with the Excise and your finantial viability of helping Excise Deptt.- JOGINDER PAL - AMOUNT DEPOSIT IN PLA - Query Started By: - SACHIN SHAH Dated:- 23-9-2011 Central Excise - Got 3 Replies - Central Excise - .....

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..... Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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