Tally.ERP 9 Series A Release 3.6 Stat.900 Version 174 Release Notes
Tally.ERP 9 Series A Release 3.6 Stat.900 Version 174 Release Notes
Tally.ERP 9 Series A Release 3.6 Stat.900 Version 174 Release Notes
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8. Value Added Tax<br />
8.1 Andhra Pradesh<br />
<strong>Version</strong> 171<br />
Enhancements<br />
<br />
<br />
The VAT/Tax class - Sales - Composition Tax @ 1.25% is provided. The value of entries<br />
recorded using this VAT/Tax class gets captured in Form TOT 060B and Form TOT 007.<br />
As per the Notification, the VAT/Tax class - Output VAT @ 31% Special Rate / Sales @<br />
31% Special Rate is provided to account for revised VAT rate on petrol. The value of entries<br />
recorded using this classification will be currently captured only in VAT Computation report.<br />
Note: In the forthcoming <strong>Stat.900</strong> releases, the functionality will be enhanced to capture the<br />
value of entries recorded using VAT/Tax classifications provided for 31% VAT rate in VAT<br />
Forms.<br />
<strong>Version</strong> 163<br />
Enhancements<br />
<br />
The value of entries recorded using the VAT/Tax classifications provided for works contract<br />
taxable at 4%, 5%, 12.5% and 14.5% VAT rates are captured in VAT Return Form and<br />
Annexures.<br />
<strong>Version</strong> 161<br />
Enhancements<br />
<br />
The works contract functionality is introduced to record works contract transactions, the<br />
following VAT/Tax classifications are provided effective from:<br />
April 1, 2011<br />
•Input VAT - Works Contract @ 4% / Purchases - Works Contract @ 4%<br />
•Input VAT - Works Contract @ 12.5% / Purchases - Works Contract @ 12.5%<br />
•Input VAT - Works Contract @ 14.5% / Purchases - Works Contract @ 14.5%<br />
•Output VAT - Works Contract @ 4% / Sales - Works Contract @ 4%<br />
•Output VAT - Works Contract @ 12.5% / Sales - Works Contract @ 12.5%<br />
•Output VAT - Works Contract @ 14.5% / Sales - Works Contract @ 14.5%<br />
September 14, 2011<br />
•Input VAT - Works Contract @ 5% / Purchases - Works Contract @ 5%<br />
•Output VAT - Works Contract @ 5% / Sales - Works Contract @ 5%<br />
The value of entries recorded using the aforesaid classifications will be currently captured<br />
only in VAT Computation report.<br />
Note: In the forthcoming <strong>Stat.900</strong> releases, the functionality will be enhanced to capture the<br />
value of entries recorded using VAT/Tax classifications provided for 4%, 5%, 12.5% and<br />
14.5% VAT rates in VAT Forms.<br />
<strong>Tally</strong>.<strong>ERP</strong> 9 <strong>Release</strong> <strong>Notes</strong> for <strong>Stat.900</strong><br />
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