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

Version 138
Enhancements
As per the budget proposal for increase in tax rate from 4% to 5% and 12.5% to 13.5%, the
following VAT/tax class are provided effective from April 1, 2011.
•Purchases @ 5%
•Purchases @ 13.5%
•Purchases - Capital Goods @ 5%
•Purchases - Capital Goods @ 13.5%
•Purchase From URDs - Taxable Goods @ 5%
•Purchase From URDs - Taxable Goods @ 13.5%
•Input VAT @ 5%
•Input VAT @ 13.5%
•Input Tax Credit on Purchase From URDs @ 5%
•Input Tax Credit on Purchase From URDs @ 13.5%
•Sales @ 5%
•Sales @ 13.5%
•Sales @ 5% to URDs
•Sales @ 13.5% to URDs
•Output VAT @ 5%
•Output VAT @ 13.5%
•Output VAT @ 5% to URDs
•Output VAT @ 13.5% to URDs
•Purchase Tax @ 5%
•Purchase Tax @ 13.5%
The value of entries made 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 made using VAT/Tax class provided for 5% and 13.5% rate in VAT Forms.
Version 129
Issues Resolved
On selecting additional ledgers pre-defined with the option - Use for Assessable Value Calculation
to No in more than one interstate sales invoice for a particular tax period, incorrect
value was being captured in CST Form I.
This issue has been resolved.
Version 106
Issues Resolved
The value of VAT/Tax classifications provided for sales at special rates and MRP based sales
were being captured in box 3 of Form I.
This issue has been resolved.
Tally.ERP 9 Release Notes for Stat.900
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