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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> 130<br />

Enhancements<br />

<br />

<strong>Version</strong> 95<br />

Adhering to the Notification the following new VAT/Tax Classifications have been introduced<br />

for 5% and 13.5% VAT rate effective from December 17, 2010:<br />

•Purchases @ 5%<br />

•Purchases @ 13.5%<br />

•Purchases - Capital Goods @ 5%<br />

•Purchases - Capital Goods @ 13.5%<br />

•Sales @ 5%<br />

•Sales @ 13.5%<br />

•Input VAT @ 5%<br />

•Input VAT @ 13.5%<br />

•Output VAT @ 5%<br />

•Output VAT @ 13.5%<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 VAT/Tax class provided for 5% and 13.5% VAT Rates in Return<br />

Form.<br />

Enhancements<br />

<br />

The functionality of Form 10 and Annexure A has been enhanced as per the statutory<br />

requirements.<br />

8.21 Meghalaya<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 entries taxable at 5% VAT rate in Form 5 and Form 6.<br />

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

Enhancements<br />

<br />

As per the Meghalaya state budget 2012-13, the rate of VAT on Tobacco and Tobacco products<br />

is increased from 12.5% to 13.5%. The following new VAT/Tax Classifications are provided for<br />

VAT rate 13.5% with effect from April 1, 2012.<br />

•Purchases @ 13.5% Special Rate<br />

•Output VAT @ 13.5% Special Rate / Sales @ 13.5% Special Rate<br />

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

VAT Computation report.<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. 128

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