New Stat.900 Version is available free for existing Tally User
Major Enhancement are :
Excise for Dealers :
- The E-Return menu is provided with menu options for Validations, Export of data in XMLÂ format and Print.
In case where ECC Number and Sales Voucher Number are not provided or are incorrect, the same will be listed as error in the E-Return Validations screen which can be rectified using the drill-down facility. If the data is exported without providing correct details required to fill the mandatory fields, the message – Validation is incomplete!!! will be displayed with
the provision to enter the correct information. - The supplier invoice date entered in excise purchase invoice will be captured in Supplier Invoice Date field of Excise Details screen displayed for the selected excise stock item
Excise for Manufacturers :
- The E-Return menu is provided with menu options for Validations and Export of data in XML format.
In case where ECC Number is not provided or is incorrect, the same will be listed as an error in the E-Return Validations screen which can be rectified using the drill-down facility. If the data is exported without providing correct details required to fill the mandatory fields, the message – Validation is incomplete!!! will be displayed with the provision to enter the
correct information. - The service tax input credit on Reverse Charge is captured under Details of CENVATÂ credit taken and utilised section of Form E.R.-1.
- The facility is provided to print GAR 7 challan from voucher display screen.
- Page number is captured on each page of RG23A and RG23C Part I Tariff-wise report.
Payroll :
- As per notification the changes in Form ITR-1 have been incorporated.
Service Tax :
- GAR 7 challan can now be exported in PDF, JPEG, Excel Spreadsheet and HTML formats.
Tax Deducted at Source :
- For payments made to NRI or foreign companies, the changes in Surcharge rates on TDSÂ are incorporated.
VAT :
Delhi :
- The default print orientation is set to Landscape for Annexures 2A, 2B, Form DVAT 30 and 31 for better user experience
Gujarat :
- The data of Form 402 can now be exported in Excel Spreadsheet and PDF formats.
- The e-VAT functionality is enhanced with the facility to export data of Form 205 to the template – VAT_RET_205_Yearly_new.xls.
- The functionality of physical Form III(B) is enhanced as per the functionality provided for e-CST Form III(B).
- The value of entries recorded using VAT/Tax classifications provided for works contract are supported in Form 201 and 205.
- On selecting the VAT flags – Adjustment Towards CST and Reverse Credit on Others, the date fields – From and To will be displayed to enter the period for which the entry is recorded.
Kerala :
The following VAT/Tax classifications are provided to account for transactions with special category dealers.
- Input VAT @ 0.5% (Spl.Category) / Purchases to Spl. Category Dealers @ 0.5%
- Input VAT @ 10% (Spl.Category) / Purchases to Spl. Category Dealers @ 10%
- Input VAT @ 2% (Spl.Category) / Purchases to Spl. Category Dealers @ 2%
- Input VAT @ 2.5% (Spl.Category) / Purchases to Spl. Category Dealers @ 2.5%
- Input VAT @ 6.25% (Spl.Category) / Purchases to Spl. Category Dealers @ 6.25%
- Input VAT @ 6.75% (Spl.Category) / Purchases to Spl. Category Dealers @ 6.75%
- Input VAT @ 7.25% (Spl.Category) / Purchases to Spl. Category Dealers @ 7.25%
The values of entries recorded using these VAT/Tax classifications are captured in Form No. 10.
- Form No. 9 format is supported for debit notes and credit notes.
- The value of entries recorded using VAT/Tax classifications provided for purchases made within the state at 14.5% VAT rate are captured in Form No. 52.
Madhya Pradesh :
- The Return Form 10 is enhanced as per the latest amendments.
Maharashtra :
- New VAT flag – TCS Adjustment is provided in journal voucher. The value of entries recorded using this VAT flag will be captured as the amount of tax collected at source u/s 31A in Form 231 and 233.
Odisha :
The following new VAT/Tax classifications are provided for 50% VAT rate.
- Input VAT @ 50% / Purchases @ 50%
- Interstate Purchases @ 50%
- Transfer of Rights Inward @ 50%
- Output VAT @ 50% / Sales @ 50%
- Output VAT @ 50% on Transfer of Right to Use / Sales @ 50% – Transfer of Right to Use
- Consignment Transfer Outward of 50% Taxable Purc
- CST @ 50% / Interstate Sales @ 50%
- Purchase Tax @ 50%
The value of entries recorded using the aforementioned VAT/Tax classifications will be captured in respective fields of Form VAT 201, VAT Annexures – I and II, CST Form I and CST Annexures.
The VAT and CST Forms, both physical and e-returns, are enhanced as per latest statutory requirements.
Punjab :
- The Worksheet 4 of e-return – Form VAT 15 is supported.
Tamil Nadu :
- The Annexure -IA is provided as per the latest amendments.
- The e-VAT feature is enhanced to support export of Form W data in Excel Spreadsheet format to the template file.
- In the Print Report screen of VAT Annexures, the option – Round-off Values is provided. On setting this option to No, the row – Rounded-Total will be displayed with values roundedoff to the nearest rupee below the Total row.
And more….
Release details of Stat.900 version 198 (PDF file)