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

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

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

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<strong>Version</strong> 85<br />

Enhancements<br />

<br />

<strong>Version</strong> 82<br />

A new VAT/Tax classification - Sales Composition Tax @ 0.5% has been provided as per<br />

the statutory requirement.<br />

Enhancements<br />

<br />

Adhering to the notification for change in diesel rate, with effect from June 18, 2008, a new<br />

VAT/Tax Classification - Output VAT @ 23% has been introduced. The value of entries made<br />

on or after June 18, 2008 using the VAT/Tax Class - Output VAT @ 23% will be captured<br />

under Part B and C of Form 10.<br />

8.19 Maharashtra<br />

<strong>Version</strong> 168<br />

Enhancements<br />

<br />

The functionality is enhanced to capture value of entries recorded using VAT/Tax classifications<br />

provided for works contract and entries taxable at 2% and 50% VAT rates in VAT and<br />

CST Forms (physical and e-return).<br />

<strong>Version</strong> 167<br />

Issues Resolved<br />

<br />

The details of interstate sales recorded against declaration form without specifying the form<br />

number were getting captured in Annexure G of e-Audit Form 704.<br />

This issue has been resolved.<br />

<strong>Version</strong> 165<br />

Enhancements<br />

<br />

As per the Tax Proposal of Maharashtra Budget 2012-13 for reducing the VAT rate on cotton<br />

yarn from 5% to 2%, the following new VAT/Tax cassifications are provided with effect from<br />

April 1, 2012.<br />

•Output VAT @ 2% / Sales @ 2%<br />

•Input VAT @ 2% / Purchases @ 2%<br />

The following VAT/Tax classifications (activated from April 1, 2011) are provided.<br />

•Output VAT @ 50% / Sales @ 50%<br />

•Input VAT @ 50% / Purchases @ 50%<br />

The value of entries made using the aforesaid classifications will be currently captured only in<br />

VAT Computation report.<br />

Note: In the forthcoming <strong>Stat.900</strong> releases, the functionality will be enhanced to capture the<br />

value of entries made using the new VAT/Tax class provided, in the Returns Form.<br />

<strong>Tally</strong>.<strong>ERP</strong> 9 <strong>Release</strong> <strong>Notes</strong> for <strong>Stat.900</strong><br />

©<strong>Tally</strong> Solutions Pvt. Ltd. 120

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