Month: May 2012

Available new stat 170 from 29th May, 2012

Posted on by Tally Academy

New Stat.900 Version is available free for existing Tally User

Major Enhancement are :

Value Added Tax

Uttarakhand :
  • Adhering to the Notification, the following new VAT/Tax Classifications are provided for 5% VAT rate effective from May 28, 2012
  1.  Input VAT @ 5% / Purchases @ 5%
  2. Purchases – Capital Goods @ 5%
  3. Purchase From URDs – Taxable Goods @ 5%
  4. Interstate Purchases @ 5%
  5. Output VAT @ 5% / Sales @ 5%
  6. Output VAT @ 5% (of Purc Outside State) / Sales @ 5% (of Purc Outside State)
  7. CST @ 5% / Interstate Sales @ 5%
  8. Purchase Tax @ 5%

The value of entries recorded 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 recorded using VAT/Tax classifications provided for 5% VAT Rate in VAT Forms.


Release details of Stat900 version 170 (PDF file)

Download Stat 170

Available new stat 169 from 18th May, 2012

Posted on by Tally Academy

New Stat.900 Version is available free for existing Tally User

Major Enhancement are :

Payroll
  • The PF ECR file can be generated for the selected Employee Category/Group.

Value Added Tax

Karnataka :
  • The e-Sugam Number entered in e-Sugam Details sub-screen of sales invoice by enabling the option – Is e-Sugam Applicable to Yes gets captured in the printed invoice.
  • Effective from April 1, 2011, the VAT/Tax classifications – Input VAT – Works Contract @ 14% / Purchases – Works Contract @ 14% are provided. The value of entries recorded using the VAT/Tax classifications provided for works contract taxable at 5% and 14% are currently captured in VAT Computation report.
    Note: In the forthcoming Stat.900 releases, the functionality will be enhanced to capture the value of entries recorded using VAT/Tax classifications provided for 5% and 14% VAT rates in VAT Forms.

 

 Himachal Pradesh :

  • The e-VAT functionality is enhanced as per the requirements of latest e-VAT templates provided by the Commercial Taxes Department for the forms – LP-I and LS-I.
  • The e-CST functionality is enhanced as per the latest e-CST template provided by the
    Department of Commercial Taxes.

Odisha :

  • The functionality is enhanced as per the latest e-VAT and e-CST templates provided by the Government of Odisha Commercial Taxes.

 

Uttar Pradesh :

  • The e-VAT functionality is enhanced to support the validation of data exported to excel format files using the e-VAT Validation Tool – Version 9.0 

Release details of Stat900 version 169 (PDF file)

Download Stat 169

Available new stat 168 from 11th May, 2012

Posted on by Tally Academy

New Stat.900 Version is available free for existing Tally User

Major Enhancement are :

Value Added Tax

    • In various States, changes in VAT rates were announced in the state budget and VAT/Tax classifications for the new rates were provided in Tally.ERP 9. In this release of Stat.900, the functionality is enhanced and VAT/Tax classifications are supported in form level for many states.
      The details are given below:
Sl.No
 State Names VAT/Tax Classifications forVAT Rates Forms
1
 Bihar 5%, 13.5% and 20% Form RT-I and Form RT-III
2
 Himachal Pradesh 11% and 18% Physical and e-VAT Forms
3
 Karnataka 17% Physical and e-VAT Forms
4
 Kerala 2.5%, 5%, 6.75%, 13.5%,15%, 20% and 22.5% andVAT/Tax classifications

provided for works contract

 e-VAT form
5
 Madhya Pradesh 27% VAT Forms
6
 Maharashtra 2%, 50% and VAT/Tax classifications provided forworks contract VAT and CST Forms (physical and ereturn)
7
 Meghalaya 5% Form 5 and Form 6
8
 Mizoram 5% and 13.5% Form 5
9
 Odisha 5% Physical VAT, CST Return and Annexures
10
 Rajasthan 26% Physical and e-VAT Forms, Annexuresand Form CST 1
11
 West Bengal 14.5% Physical and e-VAT Form 14 andAnnexures
Karnataka :
  • In the Export Report screen of e-Sugam, e-CST Online Forms and Receipt Form, the option – Export with Invoice Total is provided to capture the total invoice value

West Bengal :

  • The functionality of physical and e-CST Annexure G is enhanced and the values are being
    captured in the appropriate fields.


Release details of Stat900 version 168 (PDF file)

Download Stat 168

Tally clarifies price hike and channel impact

Posted on by Tally Academy

Following partner discontent with stock recall and the alleged arbitrary increase in its prices, Tally recently clarified that the company was considering a price increase for quite some time and the increase in prices was partly on account of the rising government taxes as well upgradation of the product.

“The prices of Tally have remained unchanged for over 36 months, during which we also absorbed the taxes during the confusing Excise vs. Service Tax days dramatically decreasing our Gross margins. With the additional burden proposed in the budget, we took the call of finally revising the prices to a more appropriate, and hopefully, stable regime – despite upcoming tax changes (e.g. GST) or our major product releases and enhancements”, said Bharat Goenka, MD, Tally.

Also, the company clarified that the new Price List is applicable from 16th April 2012 and is expected to remain unchanged till at least 31st March 2014.

for more details click here

Source : http://www.dqweek.com