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Tally.ERP 9 Series A Release 3.6 Stat.900 Version 174 Release Notes

Tally.ERP 9 Series A Release 3.6 Stat.900 Version 174 Release Notes

Tally.ERP 9 Series A Release 3.6 Stat.900 Version 174 Release Notes

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<strong>Version</strong> 147<br />

Enhancements<br />

The value of entries made using the VAT/Tax classifications provided for 5%, 10% and 14%<br />

VAT rates are captured in Form VAT 200, Form VAT 213 and CST Form I.<br />

<strong>Version</strong> 144<br />

Issues Resolved<br />

The net output VAT amount was being captured incorrectly in column 24 of Form VAT 501.<br />

This issue has been resolved.<br />

<strong>Version</strong> 143<br />

Issues Resolved<br />

<br />

The value of entries recorded using the VAT/Tax class - Interstate Sales @ 2% Against<br />

Form C was not being captured in box 5(c) of Form VAT 204 when the option Form to<br />

Receive was set to Not Applicable in the invoice.<br />

This issue has been resolved.<br />

<br />

In Form VAT 204, the Gross Turnover was being displayed inclusive of VAT amount.<br />

This issue has been resolved and only the assessable value is displayed as the Gross Turnover.<br />

<strong>Version</strong> 141<br />

Enhancements<br />

Adhering to the Notification, the following VAT/Tax classifications are introduced for 5%,<br />

10% and 14% VAT rates effective from May 7, 2011.<br />

•Purchases @ 5% / Input Vat @ 5%<br />

•Purchases @ 10% / Input Vat @ 10%<br />

•Purchases @ 14% / Input Vat @ 14%<br />

•Purchases - Capital Goods @ 5%<br />

•Purchases - Capital Goods @ 14%<br />

•Interstate Purchases @ 5%<br />

•Interstate Purchases @ 14%<br />

•Purchase From URDs - Taxable Goods @ 5%<br />

•Purchase From URDs - Taxable Goods @ 14%<br />

•Sales @ 5% / Output Vat @ 5%<br />

•Sales @ 10% / Output Vat @ 10%<br />

•Sales @ 14% / Output vat @ 14%<br />

•Sales - Works Contract @ 5% / Output VAT - Works Contract @ 5%<br />

•Sales - Works Contract @ 14% / Output VAT - Works Contract @ 14%<br />

•Interstate Sales @ 5% / CST @ 5%<br />

•Interstate Sales @ 14% / CST @ 14%<br />

•Purchase Tax @ 5%<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. 107

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