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

Version 110
Enhancements
The following new VAT/Tax Classifications are introduced effective from April 1, 2010:
•Purchases @ 4.5% / Input VAT @ 4.5%
•Purchases - Capital Goods @ 4.5%
•Purchases @ 13.5% / Input VAT @ 13.5%
•Purchases - Capital Goods @ 13.5%
•Sales @ 4.5% / Output VAT @ 4.5%
•Sales @ 4.5% (of Purc Outside State) / Output VAT @ 4.5% (of Purc Outside State)
•Sales @ 13.5% / Output VAT @ 13.5%
•Sales @ 13.5% (of Purc Outside State) / Output VAT @ 13.5% (of Purc Outside State)
The value of entries made using the aforesaid classifications will be currently captured only in
VAT Computation report.
Note: In forthcoming Stat.900 releases, the functionality will be enhanced to capture value of
entries made using VAT/Tax class provided for 4.5% and 13.5% Rates in Return Form.
Version 104
Enhancements
New VAT/Tax classifications have been provided to support Additional Tax Calculation. The
following new VAT/Tax Classifications are effective from March 1, 2010:
•Input Additional Tax @ 0.5%
•Input Additional Tax @ 1%
•Output Additional Tax@ 0.5%
•Output Additional Tax @ 1%
•Additional Tax on Purchase of Capital Goods @ 0.5%
•Additional Tax on Purchase of Capital Goods @ 1%
Example:
Purchases – If goods taxable @ 4% attract Additional tax @ 0.5%, select VAT/Tax classification
Purchases @ 4% for Purchase Ledger, Input VAT @ 4% for Input vat ledger and
Input Additional Tax @ 0.5% for Additional Tax ledger.
Sales – If goods taxable at 12.5% attracts Additional Tax @ 1%, select VAT/Tax classification
Sales @ 12.5% for Sales Ledger, Output VAT @ 12.5% for output vat ledger and Output
Additional Tax @ 1% for Additional Tax ledger.
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 0.5% and 1% additional tax rates in
VAT Return and Annexures.
Tally.ERP 9 Release Notes for Stat.900
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