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

8. Value Added Tax
8.1 Andhra Pradesh
Version 163
Enhancements
The value of entries recorded using the VAT/Tax classifications provided for works contract
taxable at 4%, 5%, 12.5% and 14.5% VAT rates are captured in VAT Return Form and
Annexures.
Version 161
Enhancements
The works contract functionality is introduced to record works contract transactions, the
following VAT/Tax classifications are provided effective from:
April 1, 2011
•Input VAT - Works Contract @ 4% / Purchases - Works Contract @ 4%
•Input VAT - Works Contract @ 12.5% / Purchases - Works Contract @ 12.5%
•Input VAT - Works Contract @ 14.5% / Purchases - Works Contract @ 14.5%
•Output VAT - Works Contract @ 4% / Sales - Works Contract @ 4%
•Output VAT - Works Contract @ 12.5% / Sales - Works Contract @ 12.5%
•Output VAT - Works Contract @ 14.5% / Sales - Works Contract @ 14.5%
September 14, 2011
•Input VAT - Works Contract @ 5% / Purchases - Works Contract @ 5%
•Output VAT - Works Contract @ 5% / Sales - Works Contract @ 5%
The value of entries recorded using the aforesaid classifications will be currently captured
only in VAT Computation report.
Note: In the forthcoming Stat.900 releases, the functionality will be enhanced to capture the
value of entries recorded using VAT/Tax classifications provided for 4%, 5%, 12.5% and
14.5% VAT rates in VAT Forms.
Version 154
Enhancements
The value of entries recorded using the VAT/Tax classifications provided for 5% and 20% are
captured in the respective fields of VAT and CST Forms.
Tally.ERP 9 Release Notes for Stat.900
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