Available new stat 160 from 03rd January, 2012

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

Major Enhancement are :

Value Added Tax

Mizoram :

• Adhering to Notification, the following VAT/Tax classifications are provided effective from January 1, 2012 for 5% and 13.5% VAT rates :

1. Input VAT @ 5% / Purchases @ 5%
2. Input VAT @ 13.5% / Purchases @ 13.5%
3. Input VAT @ 13.5% – (JobWork) / Purchases @ 13.5% (JobWork)
4. Purchases – Capital Goods @ 5%
5. Purchases – Capital Goods @ 13.5%
6. Output VAT @ 5% / Sales @ 5%
7. Output VAT @ 13.5% / Sales @ 13.5%
8. Output VAT – Works Contract @ 13.5% / Sales – Works Contract @ 13.5%

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% and 13.5% VAT rates in VAT Form.

Puducherry :

• Adhering to Notification, the following VAT/Tax classifications are provided effective from January 1, 2012 for 3%, 5%, 10% and 14.5% VAT rates:

1. Input VAT @ 3% (Industrial Input) / Purchases @ 3% (Industrial Input)
2. Input VAT @ 3% / Purchases @ 3%
3. Input VAT @ 5% / Purchases @ 5%
4. Input VAT @ 10% / Purchases @ 10%
5. Input VAT @ 14.5% / Purchases @ 14.5%
6. Purchases – Capital Goods @ 5%
7. Purchases – Capital Goods @ 14.5%
8. Input Tax Credit on Purchase From URDs @ 5%
9. Input Tax Credit on Purchase From URDs @ 14.5%
10. Output VAT @ 3% (Industrial Input) / Sales @ 3% (Industrial Input)
11. Output VAT @ 3% / Sales @ 3%
12. Output VAT @ 5% / Sales @ 5%
13. Output VAT @ 10% / Sales @ 10%
14. Output VAT @ 14.5% / Sales @ 14.5%
15. Purchase Tax @ 5%
16. Purchase Tax @ 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 3%, 5%, 10% and 14.5% VAT rates in VAT Forms.

Release details of Stat900 version 160 (PDF file)

Download Stat 160