New Stat.900 Version is available free for existing Tally User
Major Enhancement are :
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VAT :
Assam :
- As per Notification for increase in VAT rates from 13.5% to 14.5% the following new VAT/ Tax classifications are provided, effective from September 13, 2013
- Input VAT @ 14.5% / Purchases @ 14.5%
- Purchases @ 14.5% (Schedule IV Items)
- Purchases – Capital Goods @ 14.5%
- Purchase From URDs – Taxable Goods @ 14.5%
- Purchase Tax @ 14.5%
- Interstate Purchases @ 14.5%
- CST @ 14.5% / Interstate Sales @ 14.5%
- Output VAT @ 14.5% / Sales @ 14.5%
- Output VAT @ 14.5% (Schedule IV Items) / Sales @ 14.5% (Schedule IV Items)
- Output VAT – Lease @ 14.5% (on Going) / Sales – Lease @ 14.5% (on Going)
- Output VAT – Works Contract @ 14.5% / Sales – Works Contract @ 14.5%
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 14.5% VAT rate in VAT Forms.
Goa :
- Adhering to the notification, the following new VAT/Tax Classifications are provided for VAT rate 6.25%:
- Input VAT @ 6.25% / Purchases @ 6.25%
- Output VAT @ 6.25%/ Sales @ 6.25%
- Interstate Purchases @ 6.25%
- CST @ 6.25%/ Interstate Sales @ 6.25%
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 6.25% VAT rate in VAT
Forms.