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Tally.ERP 9 Series A Release 3.0 Stat.900 Version 137

Tally.ERP 9 Series A Release 3.0 Stat.900 Version 137

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<strong>Version</strong> 121<br />

Enhancements<br />

<br />

The revised Form VAT 100 is provided as per the statutory requirement.<br />

<br />

The facility to record inter-state transactions at multiple CST rates in a single invoice is<br />

provided. The value of entries recorded using the VAT/Tax classifications activated for interstate<br />

transactions at different CST rates are captured in appropriate fields of revised Form<br />

VAT 100.<br />

<strong>Version</strong> 114<br />

Enhancements<br />

<br />

The rate-wise break-up of interstate sales and CST are captured in box 7.5 and 7.11 of Form<br />

VAT 100 for 5% and 13.5%.<br />

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

Enhancements<br />

<br />

The value of entries made using the VAT/Tax class provided for 5%, 13.5% and 15% is captured<br />

in Form VAT 100, Annexure I and E-VAT Annexures.<br />

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

Issues Resolved<br />

<br />

On generating VAT Return for the previous year in company having data for more than one<br />

financial year, the CST amount was not being captured in box 3.8 and 7 of Form VAT 100.<br />

This issue has been resolved.<br />

<strong>Version</strong> 108<br />

Enhancements<br />

As per the Tax proposal of Karnataka Budget 2010-2011, the VAT rates have increased from 4%<br />

to 5% and 12.5% to 13.5%. Also VAT rate of 12.5% on tobacco is increase to 15%. The following<br />

VAT/Tax Classifications for 5%, 13.5% and 15% are provided effective from April 1, 2010:<br />

•Purchases @ 5%<br />

•Purchases @ 13.5%<br />

•Purchases @ 15%<br />

•Purchases - Capital Goods @ 5%<br />

•Purchases - Capital Goods @ 13.5%<br />

•Input VAT @ 5%<br />

•Input VAT @ 13.5%<br />

•Input VAT @ 15%<br />

•Sales @ 5%<br />

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

©<strong>Tally</strong> Solutions Pvt. Ltd. 78

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