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

Version 103
Enhancements
Regular VAT
Adhering to the Notification, new VAT/Tax Classifications have been provided to support the
latest additional tax rates. The relevant purchase, sales, input and output VAT classifications
are also activated to compute the additional tax accordingly.
For example:
•If goods taxable at 4% attracts additional tax at 2%, the VAT/Tax class – Output VAT @
4% (Addl.Tax @ 2% Applicable) needs to be selected along with Output Additional
Tax @ 2% for calculation of output VAT and additional tax respectively.
•If goods taxable at 4% attracts additional tax at 3%, the VAT/Tax class – Output VAT @
4% (Addl.Tax @ 3% Applicable) needs to be selected along with Output Additional
Tax @ 3% for calculation of output VAT and additional tax respectively.
•If goods taxable at 4% attracts additional tax at 5%, the VAT/Tax class – Output VAT @
4% (Addl.Tax @ 5% Applicable) needs to be selected along with Output Additional
Tax @ 5% for calculation of output VAT and additional tax respectively.
Similarly, select the VAT/Tax classifications based on the respective applicable additional tax
rates. These VAT/Tax classifications are introduced effective from February 19, 2010.
The value of entries made using the newly introduced 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 Purchases and Sales in Return
Form.
Composite VAT
Similar to Regular VAT, new VAT/Tax classifications are provided effective from February 19,
2010 to support the increased additional tax rates for Composite dealers.
The value of entries made using the newly introduced classifications will be currently captured
only in VAT Composition 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 Purchases in Return Form.
Version 102
Enhancements
Commodity-wise break-up of items invoiced is captured in Composite Annexure A and
Annexure B.
The value of additional tax entered while invoicing from June 1, 2009 will be captured in
Composite VAT Form UPVAT XXIV-A, Annexure A and Annexure B.
Tally.ERP 9 Release Notes for Stat.900
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