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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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<strong>Version</strong> 117<br />

Issues Resolved<br />

<br />

On generating Annexure 2A and 2B for few data, the error message - Out of Memory was<br />

being displayed.<br />

This issue has been resolved.<br />

<strong>Version</strong> 116<br />

Enhancements<br />

<br />

The debit and credit notes recorded for price variation of sales and purchases are captured in<br />

Annexure 2A and 2B.<br />

<strong>Version</strong> 113<br />

Enhancements<br />

<br />

<strong>Version</strong> 111<br />

As per the Notification, the Annexure 2A and Annexure 2B are provided.<br />

Enhancements<br />

<br />

The percentage or amount of deduction from purchase price of works contract can be entered<br />

on selecting the VAT/Tax class provided for Works Contract Purchases. The input VAT is calculated<br />

on the taxable contract price. The value of these entries is captured in Form DVAT 16.<br />

<strong>Version</strong> 110<br />

Enhancements<br />

<br />

As per statutory requirements, the revised Form DVAT 16 is provided. The following VAT/Tax<br />

classifications and VAT Adjustments are activated to capture the values in appropriate fields of<br />

revised Form.<br />

VAT/Tax Classifications<br />

•Purchases - Works Contract @ 4% / Input VAT - Works Contract @ 4%<br />

•Purchases - Works Contract @ 5% / Input VAT - Works Contract @ 5%<br />

•Purchases - Works Contract @ 12.5% / Input VAT - Works Contract @ 12.5%<br />

•Inter-State Purchases - Exempted<br />

•Sales - Works Contract @ 4% / Output VAT - Works Contract @ 4%<br />

•Labour, Service, Job Work & Other Charges<br />

VAT Adjustments<br />

•Reversal of Labour and Service Charges<br />

•Reversal of ITC on Goods Sold Below Purchase Price<br />

•Input Tax Credit on Opening Stock<br />

•Reverse Credit on Goods Unsold at the Time of Business Closure<br />

<strong>Tally</strong>.<strong>ERP</strong> 9 <strong>Release</strong> <strong>Notes</strong> for <strong>Stat.900</strong><br />

©<strong>Tally</strong> Solutions Pvt. Ltd. 70

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