Tally.ERP 9 Series A Release 3.4 Stat.900 Version 169 Release Notes

Version 83
Enhancements
Version 82
The E-VAT feature has been introduced to facilitate the e-filing of Purchase and Sales invoice
details by exporting the data using Excel Spreadsheet format to the template files and XML
format as prescribed by the Commercial Tax Department.
Note: The Statutory Reference Manual of Karnataka consisting the detailed explanation on
using the E-VAT feature can be downloaded from www.tallysolutions.com
Enhancements
New VAT/Tax classifications, viz., Input VAT @ 2% and Output VAT @ 2% have been introduced
as per the requirement specified in the Karnataka State Budget 2009.
In Form VAT 100, the CST rate for inter-state sales has been changed from 3% to 2%.
8.17 Kerala
Version 168
Enhancements
The functionality is enhanced to capture value of entries recorded using VAT/Tax classifications
provided for works contract and entries taxable at 2.5%, 5%, 6.75%, 13.5%, 15%,
20% and 22.5% VAT rates in e-VAT Form.
Version 167
Enhancements
The following VAT/Tax classifications are introduced effective from April 1, 2011 to record
works contract transactions with deduction for tax calculation:
•Purchases - Works Contract @ 1% / Input VAT - Works Contract @ 1%
•Purchases - Works Contract @ 4% / Input VAT - Works Contract @ 4%
•Purchases - Works Contract @ 12.5% / Input VAT - Works Contract @ 12.5%
•Sales - Works Contract @ 1% / Output VAT - Works Contract @ 1%
•Sales - Works Contract @ 4% / Output VAT - Works Contract @ 4%
•Sales - Works Contract @ 12.5% / Output VAT - Works Contract @ 12.5%
Also the following VAT/Tax Classifications are provided for 5% and 13.5% VAT rates effective
from April 1, 2012.
•Purchases - Works Contract @ 5% / Input VAT - Works Contract @ 5%
•Purchases - Works Contract @ 13.5% / Input VAT - Works Contract @ 13.5%
•Sales - Works Contract @ 5% / Output VAT - Works Contract @ 5%
•Sales - Works Contract @ 13.5% / Output VAT - Works Contract @ 13.5%
On selecting purchase and sales ledgers with aforesaid VAT/Tax classifications, Deduction
Claimed for Tax Calculation screen gets displayed to enter percentage/amount of
deduction towards labour charges and arrive at the taxable value. The taxable value gets
considered for calculation of input and output VAT.
Tally.ERP 9 Release Notes for Stat.900
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