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

Major Enhancement are :

 

Excise for Manufacturers :

• As per Statutory requirements, the provision to file ER3 online as a quarterly return for SSI units is provided.

VAT :

Tamil Nadu :

• As per Notification, Annexure V for Inventory is provided

 

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

Major Enhancement are :

 

VAT :

Kerala :

• As per the Notification, the following VAT/Tax classes are provided to account for the VAT @ 22% on Cigarettes (for the purpose of manufacturing taxable goods) w.e.f. 01 April, 2014:
  • Output VAT @ 22% / Sales @ 22%
  • Input VAT @ 22% / Purchases @ 22%

The value of entries recorded using this classification 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 3% VAT rate in return Forms.

Punjab :

• As per the Notification, the following VAT/Tax classes are provided to account for the VAT @ 3% on Milk (for the purpose of manufacturing taxable goods) w.e.f. 01 March, 2014:
  • Output VAT @ 3% / Sales @ 3%
  • Input VAT @ 3% / Purchases @ 3%
  • Interstate Purchases @ 3%
  • CST @ 3% / Interstate Sales @ 3%

The value of entries recorded using this classification 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 3% VAT rate in return Forms