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

Version 129
Enhancements
The works contract functionality is supported for Form 231. The entries recorded by selecting
the VAT/Tax class - Purchase Works Contract @ 8% with Input VAT - Works Contract @
8% are captured in physical and e-VAT template of Form 231.
Version 122
Enhancements
Version 121
The CST Payment Challan - Form MTR-6 is provided.
Enhancements
Version 110
The Payment challan - Form 210 is provided as per statutory requirements.
Enhancements
The value of entries made using the VAT/Tax classifications provided for 5% VAT rate effective
from April 1, 2010 is captured in physical and E-VAT Forms.
Version 108
Enhancements
In Maharashtra Budget 2010-11 the VAT Rates are increased from 4% to 5%. Also the composite
tax rate of 1% is to be introduced on Composition Scheme for Builders and Developers.
Regular VAT
As per the Budgetary requirements, following VAT/Tax classifications are provided effective
from April 1, 2010:
•Purchases @ 5% / Input VAT @ 5%
•Purchases - Capital Goods @ 5%
•Sales @ 5% / Output VAT @ 5%
•Sales Builders and Developers @ 1% (Composition)
•Composition Tax - Builders and Developers @ 1%
Composite VAT
As per the Budgetary requirements, following VAT/Tax classifications are provided effective
from April 1, 2010:
•Sales - Composition @ 1% (Builders and Developers)
•Composition Tax @ 1% (Builders and Developers)
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% rate in VAT Forms.
Tally.ERP 9 Release Notes for Stat.900
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