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

•Purchase Tax @ 13.5%
The value of entries made using the aforesaid classifications will be captured in respective
fields of Form 5 and Form 6.
Version 111
Enhancements
The value of entries made using the VAT/Tax class provided for 5% VAT Rate is captured in
Form 5 and Form 6.
Version 108
Enhancements
As per the Tax proposal of Meghalaya Budget 2010-2011 for increase in VAT rate from 4% to
5%, the following VAT/Tax classifications are provided effective from April 1, 2010:
•Purchases @ 5% / Input VAT @ 5%
•Purchases - Capital Goods @ 5%
•Purchase From URDs - Taxable Goods @ 5%
•Sales @ 5% / Output VAT @ 5%
•Purchase Tax @ 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% rate in VAT Forms.
Version 106
Enhancements
The Form VAT 5 has been provided as per statutory requirements.
8.22 Mizoram
Version 168
Enhancements
The functionality is enhanced to capture value of entries recorded using VAT/Tax classifications
provided for entries taxable at 5% and 13.5% VAT rates in Form 5.
Version 160
Enhancements
Adhering to Notification, the following VAT/Tax classifications are provided effective from
January 1, 2012 for 5% and 13.5% VAT rates:
•Input VAT @ 5% / Purchases @ 5%
•Input VAT @ 13.5% / Purchases @ 13.5%
•Input VAT @ 13.5% - (JobWork) / Purchases @ 13.5% (JobWork)
•Purchases - Capital Goods @ 5%
•Purchases - Capital Goods @ 13.5%
Tally.ERP 9 Release Notes for Stat.900
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