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

•Purchases - Capital Goods @ 14.5%
•Input Tax Credit on Purchase From URDs @ 5%
•Input Tax Credit on Purchase From URDs @ 14.5%
•Output VAT @ 3% (Industrial Input) / Sales @ 3% (Industrial Input)
•Output VAT @ 3% / Sales @ 3%
•Output VAT @ 5% / Sales @ 5%
•Output VAT @ 10% / Sales @ 10%
•Output VAT @ 14.5% / Sales @ 14.5%
•Purchase Tax @ 5%
•Purchase Tax @ 14.5%
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 3%, 5%, 10% and
14.5% VAT rates in VAT Forms.
Version 129
Enhancements
Effective from October 27, 2009, the VAT/Tax classifications - Purchases @ 15% and
Input VAT @ 15% are activated to support billing of purchases taxable at 15% VAT rate.
The value of entries recorded using these VAT/Tax classifications are captured in Form I and
Annexure III.
Version 114
Enhancements
Version 94
The e-VAT feature has been introduced to facilitate the e-filing of Annexure 2 and Annexure
3 by exporting data using excel spreadsheet format as prescribed by the Commercial
Taxes Department.
Enhancements
Version 92
The VAT Rates - Output VAT @ 14% and Output VAT @ 15% have been introduced effective
from November 7, 2009 as per the latest statutory requirement. The VAT/Tax classifications
- Output VAT @ 20% and Output VAT @ 35% have also been provided.
The value of entries made using the aforesaid classifications will be captured in Form - I and
Annexure II.
Issues Resolved
On selecting the VAT/Tax classifications - Sales - Composition Tax @ 0.25% and Sales -
Composition Tax @ 2% for the same stock item in a single sales invoice, the rate of tax and
tax due details were being captured incorrectly in Form K.
This issue has been resolved.
Tally.ERP 9 Release Notes for Stat.900
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