New Stat.900 Version is available free for existing Tally User
Major Enhancement are :
Tax Deducted at Source :
- The e-TDS 26Q, 27Q and 27EQ has been enhanced as per the new file format version 4.5 and e-TDS 24Q has been enhanced as per the new file format version 4.4, to validate e-TDS returns with the latest e-TDS Validation tool version 3.8
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VAT :
Assam :
To account for the increase in VAT rate from 20% to 25% on cigarettes or smoking tobacco under Schedule IV, the following VAT/Tax classifications are provided:
- Sales @ 25% (Schedule IV Items) / Output VAT @ 25% (Schedule IV Items)
- Purchases @ 25% (Schedule IV Items)
- Purchase Tax @ 25%
- Purchase From URDs – Taxable Goods @ 25%
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 25% VAT rate in VATÂ Forms.
Delhi :
- The Form DVAT 30A and Form DVAT 31A are provided to capture the details of debit/credit  notes related to purchase and sales registers respectively, as per statutory requirements.
- The Annexures 2A and 2B and VAT Forms DVAT 30 and DVAT 31 are enhanced as per the latest statutory requirements.
- The VAT Return Form DVAT 16 is enhanced as per the latest statutory requirements.
Goa :
- New VAT/Tax Classifications are provided for 0.25% CST rate – CST @ 0.25% / Interstate Sales @ 0.25%.
The value of entries recorded using the VAT/Tax classifications provided for 0.25% CST rate are captured in VAT and CST Return Forms.
Maharashtra :
- The functionality is enhanced, so that the Gross Turnover in Form 231 and CST Return Form III (E) will match
Puducherry :
- Annexure IV and Annexure V have been provided to capture the Invoice-wise details of  Local sales and Local Purchases respectively, as per statutory requirements
Uttar Pradesh :
- The e-CST functionality has been enhanced to support the latest template of e-Return Form I version 8.0 and the e-filing tool version 7.1
- The e-VAT functionality has been enhanced to support the latest template of e-Return form UPVAT XXIV version 10.0 and the e-filing tool version 9.1.
West Bengal :
The facility to account for the VAT on hoarding license fee for Advertising Agencies using the following VAT/Tax Classifications for Transfer of Right to Use at 4%, 5%, 12.5% and 13.5% VAT rates has been provided.
- Purchases @ 4% on Transfer of Right to Use
- Purchases @ 5% on Transfer of Right to Use
- Purchases @ 12.5% on Transfer of Right to Use
- Purchases @ 13.5% on Transfer of Right to Use
- Sales @ 4% – Transfer of Right to Use / Output VAT @ 4% on Transfer of Right to Use
- Sales @ 5% – Transfer of Right to Use / Output VAT @ 5% on Transfer of Right to Use
- Sales @ 12.5% – Transfer of Right to Use / Output VAT @ 12.5% on Transfer of Right to Use
- Sales @ 13.5% – Transfer of Right to Use / Output VAT @ 13.5% on Transfer of Right to Use
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 Transfer of Right to Use in VAT forms.
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And more….
Release details of Stat.900 version 199 (PDF file)