Tally ERP 9

Available new stat 194 from 5th April, 2013

Posted on by Tally Academy

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

Major Enhancement are :

VAT :

In various States, changes in VAT rates were announced in the State Budgets for Financial Year – 2013-14 and VAT/Tax classifications for the new rates were provided in Tally.ERP 9. In this release of Stat.900, the functionality is enhanced to support the new VAT classifications in return forms. The details are given below :

Sl.

No
State Names
VAT Rates
Form Names
1
Chhattisgarh

(73729)
3%
  • Return Forms – Form 17 and 18
  • e-VAT Annexures – Purchase, Sales
    and Sales Returns
  • e-CST Annexures – Interstate Sales

    US 6(2) and Interstate Sales Returns
2
Himachal Pradesh

(73731)
9%, 22% and 36%

Physical and e-forms of:

  • Form VAT-XV and XV-A
  • VAT Annexures – Form LP-1 and LS-1
  • CST Form 1
3
Jammu & Kashmir

(73730)
40%

Physical and e-forms of:

  • Form VAT 11 and 11-A
  • Annexures – Form VAT 48, 49, 11G
    and 11H
4
Kerala (62743)
7.25% and 14.5%
e-VAT Form No. 10
5
Rajasthan

(73543)
65%
  • Form VAT 10 and 10-A
  • Annexures – Output Tax, Purchase
    Tax, Form VAT – 07, 07A, 08, 08A, 12
    and 50.
  • Form C.S.T. 1
Dadra & Nagar Haveli : 
  • 64891 – The facility is provided to export details of interstate purchases recorded against Forms – C, E1, E2, F and H in Excel format to e-CST requisition template – C_Form_CST_COM.xls as prescribed by the Department of Value Added Tax.
Karnataka : 

71202 – The facility is provided to export data of interstate purchases in :

  • XML format
  • Excel Spreadsheet format to the e-CST purchases template

Maharashtra : 

  • 68874 – The value of purchases recorded using VAT/Tax class – Purchases – From Unregistered Dealers will be captured in e-Annexure J2 of Audit Form 704 and e-return Annexures
  • 68186 – The challan and bank details provided while recording CST payment voucher using Stat Payment button will be captured in box 12(c) of CST Form III(E).
  • 67919 – For sale of drugs taxable at 6% composite VAT rate, the VAT/Tax classifications - Sales – Composition @ 6% (Retail) and Composition Tax @ 6% (Retail) have been provided. The value of entries recorded using these classifications will be captured in Form 232.
  • 73962 – To account for purchases taxable at 1.10% VAT rate the following VAT/Tax classifications are provided.
    • Input VAT @ 1.10% / Purchases @ 1.10%
    • Interstate Purchases @ 1.10%
Punjab : 
  • 72372, 72374 & 72375 – The physical Form VAT 15, 18, 19, 23 and 24 and CST Form 1 have been enhanced to support value of entries recorded using the new VAT/Tax classifications.
  • 66513 – In F12: Invoice Printing Configuration of sales invoice, the option – Print Form VAT-36 No. is provided. On enabling it the Serial No. Form VAT-36 entered in Party Details screen of sales invoice will be captured in invoice printout.
Tamil Nadu : 
  • 69364 – In voucher mode of purchase and sales entries the field – Bill of Lading/LR-RR No.has been provided in Party Details screen.
Excise for Manufacturers : 
  • 72618 – The report – RG 23A Part I, has been enhanced with the facility to print details of each item in a separate page. 
  • 73844 – The number and date of excise manufacturing journal will be captured as Requisition Number and date in Issued for Manufacture of Final Product section of RG 23A Part I.
Tax Deducted at Source: 
  • 74012 – In Form 26Q, 27Q and 27A, the abbreviation of TAN has been changed to Tax Deduction and Collection Account Number.

And more….

Release details of Stat900 version 194 (PDF file)

Download Stat 194

Available new stat 193 from 25th March, 2013

Posted on by Tally Academy

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

Major Enhancement are :

VAT :

In compliance with the respective State Budgets for the Financial Year 2013-14, new classifications have been provided as per the prescribed VAT rates effective from 1st April 2013 to record transactions.
The value of entries recorded using these classifications will be currently captured only in VAT Computation report. In the forthcoming Stat.900 releases, the functionality will be enhanced to capture the value of entries recorded using the new classifications in respective fields of VAT Forms.
The list of States with the respective VAT/Tax classifications is as follows:

Chhattisgarh : 

For decrease in VAT rate from 5% to 3% on TMT steel bars, the following VAT/Tax  classifications are provided.

  • Output VAT @ 3% / Sales @ 3%
  • Input VAT @ 3% / Purchases @ 3%
  • CST @ 3% / Interstate Sales @ 3%
Himachal Pradesh : 

For VAT rate of 9% on all types of footwear the following VAT/Tax classifications are provided.

  • Output VAT @ 9% / Sales @ 9%
  • Output VAT @ 9% (of Local Purc) / Sales @ 9% (of Local Purc)
  • Output VAT @ 9% (of Purc Outside State) / Sales @ 9% (of Purc Outside State)
  • Interstate Purchases @ 9%
  • Input VAT @ 9% / Purchases @ 9%
  • CST @ 9% / Interstate Sales @ 9%

For increase in VAT rate from 11% to 22% on bidis the following VAT/Tax classifications are provided.

  • Output VAT @ 22% / Sales @ 22%
  • Output VAT @ 22% (of Local Purc) / Sales @ 22% (of Local Purc)
  • Output VAT @ 22% (of Purc Outside State) / Sales @ 22% (of Purc Outside State)
  • Interstate Purchases @ 22%
  • Input VAT @ 22% / Purchases @ 22%
  • CST @ 22% / Interstate Sales @ 22%

For increase in VAT rate from 18% to 36% on cigarettes, cigar etc., the following VAT/Tax classifications are provided..

  • Output VAT @ 36% / Sales @ 36%
  • Output VAT @ 36% (of Local Purc) / Sales @ 36% (of Local Purc)
  • Output VAT @ 36% (of Purc Outside State) / Sales @ 36% (of Purc Outside State)
  • Interstate Purchases @ 36%
  • Input VAT @ 36% / Purchases @ 36%
  • CST @ 36% / Interstate Sales @ 36%

Jammu & Kashmir : 

For increase in VAT rate from 30% to 40% on cigarettes, the following VAT/Tax classifications are provided.

  • Output VAT @ 40% / Sales @ 40%
  • Output VAT (Retail) @ 40% / Sales Retail @ 40%
  • Purchase Tax @ 40%
  • Interstate Purchases @ 40%
  • Purchase From URDs – Taxable Goods @ 40%
  • Input VAT @ 40% / Purchases @ 40%
  • CST @ 40% / Interstate Sales @ 40%
Chhattisgarh : 

For decrease in VAT rate from 5% to 3% on TMT steel bars, the following VAT/Tax  classifications are provided.

  • Output VAT @ 3% / Sales @ 3%
  • Input VAT @ 3% / Purchases @ 3%
  • CST @ 3% / Interstate Sales @ 3%
Kerala : 

For increase in special rate from 6.75% to 7.25%, the VAT/Tax classifications – Output VAT  @ 7.25% (Spl.Category) / Sales to Spl. Category Dealers @ 7.25% are provided.
For change in VAT rate from 13.5% to 14.5% the following VAT/Tax classifications are provided.

  • Output VAT @ 14.5% / Sales @ 14.5%
  • Output VAT @ 14.5% on Transfer of Right to Use / Sales @ 14.5% – Transfer of Right to Use
  • Output VAT – Works Contract @ 14.5% / Sales – Works Contract @ 14.5%
  • Input Tax Credit on Purchase From URDs @ 14.5%
  • Interstate Purchases @ 14.5%
  • Purchase From URDs – Taxable Goods @ 14.5%
  • Input VAT @ 14.5% / Purchases @ 14.5%
  • Purchases – Capital Goods @ 14.5%
  • Input VAT – Works Contract @ 14.5% / Purchases – Works Contract @ 14.5%
  • CST @ 14.5% / Interstate Sales @ 14.5%
  • Purchase Tax @ 14.5%
Maharashtra : 

For increase in VAT rate from 1% to 1.10% on gold, silver and their jewellery, the following VAT/Tax classifications are provided.

  • Output VAT @ 1.10% / Sales @ 1.10%
  • CST @ 1.10% / Interstate Sales @ 1.10%
West Bengal: 

For change in VAT rate from 13.5% to 14.5% the VAT/Tax classification – Output VAT – Works Contract @ 14.5% / Sales – Works Contract @ 14.5% is provided.
For change in VAT rate from 4% to 5% the following VAT/Tax classifications are provided.

  • Output VAT @ 5% / Sales @ 5%
  • Output VAT – Works Contract @ 5% / Sales – Works Contract @ 5% 
  • Input VAT @ 5% / Purchases @ 5%
  • Purchases – Capital Goods @ 5%
  • Purchase From URDs – Taxable Goods @ 5%
  • Interstate Purchases @ 5% 
  • CST @ 5% / Interstate Sales @ 5%

For increase in VAT rate from 20% to 25% on tobacco products and cigarettes the following VAT/Tax classifications are provided.

  • Output VAT @ 25% Special Rate / Sales @ 25% Special Rate
  • Input VAT @ 25% Special Rate / Purchase @ 25% Special Rate
  • Interstate Purchases @ 25%
  • CST @ 25% / Interstate Sales @ 25%
Rajasthan : 
  • In F12: Invoice Printing Configuration of sales invoice, the option – Print Form VAT-49 No. is provided. On enabling it the Sl. No. in Form VAT-49 entered in Party Details screen of sales invoice will be captured in invoice printout.

And more….

Release details of Stat900 version 193 (PDF file)

Download Stat 193