Tally Stat File

Available new stat 198 from 28th June, 2013

Posted on by Tally Academy

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

Major Enhancement are :

Excise for Dealers :

  • The E-Return menu is provided with menu options for Validations, Export of data in XML format and Print.
    In case where ECC Number and Sales Voucher Number are not provided or are incorrect, the same will be listed as error in the E-Return Validations screen which can be rectified using the drill-down facility. If the data is exported without providing correct details required to fill the mandatory fields, the message – Validation is incomplete!!! will be displayed with
    the provision to enter the correct information.
  • The supplier invoice date entered in excise purchase invoice will be captured in Supplier Invoice Date field of Excise Details screen displayed for the selected excise stock item

Excise for Manufacturers :

  • The E-Return menu is provided with menu options for Validations and Export of data in XML format.
    In case where ECC Number is not provided or is incorrect, the same will be listed as an error in the E-Return Validations screen which can be rectified using the drill-down facility. If the data is exported without providing correct details required to fill the mandatory fields, the message – Validation is incomplete!!! will be displayed with the provision to enter the
    correct information.
  • The service tax input credit on Reverse Charge is captured under Details of CENVAT credit taken and utilised section of Form E.R.-1.
  • The facility is provided to print GAR 7 challan from voucher display screen.
  • Page number is captured on each page of RG23A and RG23C Part I Tariff-wise report.

Payroll :

  • As per notification the changes in Form ITR-1 have been incorporated.

Service Tax :

  • GAR 7 challan can now be exported in PDF, JPEG, Excel Spreadsheet and HTML formats.

Tax Deducted at Source :

  • For payments made to NRI or foreign companies, the changes in Surcharge rates on TDS are incorporated.

 

VAT :

Delhi :

  • The default print orientation is set to Landscape for Annexures 2A, 2B, Form DVAT 30 and 31 for better user experience

Gujarat :

  • The data of Form 402 can now be exported in Excel Spreadsheet and PDF formats.
  • The e-VAT functionality is enhanced with the facility to export data of Form 205 to the template – VAT_RET_205_Yearly_new.xls.
  • The functionality of physical Form III(B) is enhanced as per the functionality provided for e-CST Form III(B).
  • The value of entries recorded using VAT/Tax classifications provided for works contract are supported in Form 201 and 205.
  • On selecting the VAT flags – Adjustment Towards CST and Reverse Credit on Others, the date fields – From and To will be displayed to enter the period for which the entry is recorded.

Kerala :

The following VAT/Tax classifications are provided to account for transactions with special category dealers.

  • Input VAT @ 0.5% (Spl.Category) / Purchases to Spl. Category Dealers @ 0.5%
  • Input VAT @ 10% (Spl.Category) / Purchases to Spl. Category Dealers @ 10%
  • Input VAT @ 2% (Spl.Category) / Purchases to Spl. Category Dealers @ 2%
  • Input VAT @ 2.5% (Spl.Category) / Purchases to Spl. Category Dealers @ 2.5%
  • Input VAT @ 6.25% (Spl.Category) / Purchases to Spl. Category Dealers @ 6.25%
  • Input VAT @ 6.75% (Spl.Category) / Purchases to Spl. Category Dealers @ 6.75%
  • Input VAT @ 7.25% (Spl.Category) / Purchases to Spl. Category Dealers @ 7.25%

The values of entries recorded using these VAT/Tax classifications are captured in Form No. 10.

  • Form No. 9 format is supported for debit notes and credit notes.
  • The value of entries recorded using VAT/Tax classifications provided for purchases made within the state at 14.5% VAT rate are captured in Form No. 52.

Madhya Pradesh :

  • The Return Form 10 is enhanced as per the latest amendments.

Maharashtra :

  • New VAT flag – TCS Adjustment is provided in journal voucher. The value of entries recorded using this VAT flag will be captured as the amount of tax collected at source u/s 31A in Form 231 and 233.

Odisha :

The following new VAT/Tax classifications are provided for 50% VAT rate.

  • Input VAT @ 50% / Purchases @ 50%
  • Interstate Purchases @ 50%
  • Transfer of Rights Inward @ 50%
  • Output VAT @ 50% / Sales @ 50%
  • Output VAT @ 50% on Transfer of Right to Use / Sales @ 50% – Transfer of Right to Use
  • Consignment Transfer Outward of 50% Taxable Purc
  • CST @ 50% / Interstate Sales @ 50%
  • Purchase Tax @ 50%
    The value of entries recorded using the aforementioned VAT/Tax classifications will be captured in respective fields of Form VAT 201, VAT Annexures – I and II, CST Form I and CST Annexures.

The VAT and CST Forms, both physical and e-returns, are enhanced as per latest statutory requirements.

Punjab :

  • The Worksheet 4 of e-return – Form VAT 15 is supported.

Tamil Nadu :

  • The Annexure -IA is provided as per the latest amendments.
  • The e-VAT feature is enhanced to support export of Form W data in Excel Spreadsheet format to the template file.
  • In the Print Report screen of VAT Annexures, the option – Round-off Values is provided. On setting this option to No, the row – Rounded-Total will be displayed with values roundedoff to the nearest rupee below the Total row.

 

And more….
Release details of Stat.900 version 198 (PDF file)

Download Stat 198

Available new stat 197 from 4th June, 2013

Posted on by Tally Academy

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

Major Enhancement are :

TDS :

The following new Natures of Payments applicable from June 1, 2013 have been provided

  • Income by way of interest on certain bonds and Government Securities.
  • Payment on transfer of certain immovable property other than agricultural land.

 

VAT :

Delhi :

  • If there are more than one TIN for a party ledger, then the transaction details will be captured in separate rows of Annexure 2A and 2B based on the TIN entered in Party Details screen of the invoice.
  • As per statutory requirements, the Annexure 2C for details of debit/credit notes related to Purchases has been provided.
  • As per statutory requirements, the Annexure 2D for details of debit/credit notes related to Sales has been provided.

Maharashtra :

  • The e-VAT feature is enhanced to facilitate export of data to the excel template – Form 501 - the Application for refund under section 51 of the Maharashtra Value Added Tax Act, 2002
  • The physical Annexures J1 and J2 are provided as per e-VAT Annexures J1 and J2.
  • Tally.ERP 9 has initiated to support Local Body Tax by providing the facility to enter and print Registration Details. Users can now enter registration details in Company masters and Ledger masters and print the same in invoices along with the declaration

Tamil Nadu :

  • The VAT Form I and Annexures I and II are enhanced as per the latest statutory requirements.

Uttar Pradesh :

To account for the reduction in VAT rate from 50% to 25% on cigarettes, the following VAT/Tax classifications are provided:

  • Input VAT @ 25% / Purchases @ 25%
  • Purchases @ 25% (Non VATable)
  • Purchase From URDs – Non Taxable Goods @ 25%
  • Purchase From URDs – Taxable Goods @ 25%
  • Input Tax Credit on Purchase From URDs @ 25%
  • Interstate Purchases @ 25%
  • Output VAT @ 25% / Sales @ 25%
  • Output Tax @ 25% (Non VATable) / Sale @ 25% (Non VATable)
  • Output VAT (Retail) @ 25% / Sales Retail @ 25%
  • Output VAT (Retail) @ 25% (Non VATable) / Sales Retail @ 25% (Non VATable)
  • Purchase Tax @ 25% (Non VATable)
  • CST @ 25% / Interstate Sales @ 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 VAT Forms.

And more….
Release details of Stat.900 version 197 (PDF file)

Download Stat 197

What is Tally Stat file

Posted on by Tally Academy

Tally Stat file or Stat.900 file

Tally_Stat Tally Stat file contains the latest updates of all statutory information related to various taxes, such as

  • VAT
  • Excise
  • Service Tax
  • TDS
  • Payroll

This is State specific and covers PAN India tax classification, Forms, Annexures calculations,

The implications of tax change, form change, introduction of new tax rates by State or Central Government is updated through Stat file

 

Download Latest Tally Stat File

Upcoming Releases on 28th May, 2013

Posted on by Tally Academy

Indian Taxation

Excise for Manufacturers :

  • Credit Note Support will be provided
  • Supplementary Invoice support will be provided

 

VAT

The functionality will be enhanced to capture the value of entries made using VAT/Tax class provided for new VAT rates as per budget changes in respective VAT Forms of the states Bihar, Himachal Pradesh, Gujarat & Maharashtra.

 

Karnataka

  • The online requisition will be enhanced as per the latest changes

Maharashtra

  • The e-VAT Form 501 (Refund Claim) will be provided as per the requirement

Tamil Nadu

  • The VAT return form will be enhanced as per the latest amendments

 

Notify me, when ready »

Available new stat 196 from 15th May, 2013

Posted on by Tally Academy

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

Major Enhancement are :

VAT :

Assam : 

  • The e-CST feature is introduced to export data of Form No. III using Excel Spreadsheet format to excel template as prescribed by the Commissionerate of Taxes.
  • The functionality of physical and e-VAT Form 13 – Monthly, Quarterly and Quarter End return is enhanced as per the latest excel template provided by the Commissionerate of Taxes.

Delhi : 

  • In journal voucher, the VAT flag- Reversal of Input Tax Credit on Closing Stock is provided to record reversal of input tax credit on closing stock.
  • On selecting the VAT flag – Adjustment Towards Refund Claim in journal voucher, the field – Provide details will be displayed to enter bank details. The details entered here will be captured in the respective fields of box R10 of Form DVAT 16.
  • In Print Report screen of VAT Forms and Annexures, the From and To dates of the quarterly period gets displayed based on the Current Date set in Gateway of Tally.
  • While generating physical and e-VAT Annexure 2A and 2B, the option – Consolidate URD Values will be displayed. The values of all purchases and sales made from unregistered dealers will be:
    • Consolidated and captured if this option is set to Yes
    • Captured party-wise if it is set to No.

Gujarat : 

  • The functionality of Form 201 is enhanced to capture the values of entries recorded using VAT/Tax classifications provided for 27.5% VAT rate

Punjab : 

  • In the Print Report screen of Form VAT 15, 16 and 20, the option – Round Off Form Values is provided to capture values by rounding-off to the nearest rupee.

Himachal Pradesh : 

  • The functionality of Form VAT-XV, Form VAT XV-A and CST Form I is enhanced to capture the values of entries recorded using VAT/Tax classifications provided for 1.50% CST rate.
  • The option – Consolidate Retail Sales is provided to capture the aggregate of retail sales in physical and e-VAT Annexure LS-1.

Maharashtra: 

  • The functionality of Form 231, 233 and CST Form III(E) is enhanced to capture values of entries recorded using the VAT/Tax classifications provided for 1.10% VAT rate

West Bengal : 

  • For increase in VAT rate from 25% to 35% on cigarettes, the following VAT/Tax classifications are provided.
    • Output VAT @ 35% Special Rate / Sales @ 35% Special Rate
    • Input VAT @ 35% Special Rate / Purchase @ 35% Special Rate
    • Interstate Purchases @ 35%
    • ST @ 35% / Interstate Sales @ 35%
  • The functionality is enhanced to capture the values of entries recorded using VAT/Tax classifications provided for 5%, 14.5%, 25% and 35% VAT rates in:
    • VAT Forms – Form 14 and Annexures – A, B, D, F and Sales Returns
    • CST Forms – Form I and Annexures – D and Sales Returns.

Excise for Manufacturers : 

  • The challan number, date and BSR code provided while recording excise payment voucher gets captured in Form ER-1, ER-3 and ER-8.
    For multiple Excise Duty payments recorded in a tax return period, the challan number, date and BSR code entered in each payment voucher gets captured against the respective duty details in Form ER-1, ER-3 and ER-8.
    Similarly, the challan number, date and BSR code entered for payment towards Arrears, Penalty and Interest gets captured in Form ER-8.

Payroll: 

  • The functionality of ESI e-return is enhanced as per the latest template – MC_Template.xls provided by the ESI Corporation.

And more….
Release details of Stat.900 version 196 (PDF file)

Download Stat 196

Available new stat 195 from 26th April, 2013

Posted on by Tally Academy

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

Major Enhancement are :

VAT :

To comply with the change in VAT rates of Bihar, Gujarat and West Bengal, the appropriate VAT/Tax Classifications for the new VAT rates have been provided. 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 values of entries recorded using these classifications in the respective fields of return forms.

Bihar : 

For change in VAT rate from 20% to 30% on tobacco products, the following VAT/Tax classifications are provided:

  • Input VAT @ 30% / Purchases @ 30%
  • Interstate Purchases @ 30%
  • Purchase From URDs – Taxable Goods @ 30%
  • Output VAT @ 30% / Sales @ 30%
  • Output VAT @ 30% to URDs / Sales @ 30% to URDs
  • CST @ 30% / Interstate Sales @ 30%
  • Input Tax Credit on Purchase From URDs @ 30%
  • Purchase Tax @ 30%

Gujarat : 

For change in VAT rate from 22.5% to 27.5% on tobacco products, the following VAT/Tax classifications are provided:

  • Input VAT @ 27.5% / Purchases @ 27.5%
  • Purchase From URDs – Taxable Goods @ 27.5%
  • Input Tax Credit on Purchase From URDs @ 27.5%
  • Purchase Tax @ 27.5%
  • Output VAT @ 27.5% / Sales @ 27.5%

West Bengal: 

For change in VAT rate on goods whose MRP is inclusive of tax, the following VAT/Tax classifications are provided:

  • Input VAT @ 4.76% / Purchases @ 4.76%
  • Input VAT @ 12.66% / Purchases @ 12.66%
  • Interstate Purchases @ 4.76%
  • Interstate Purchases @ 12.66%
  • Purchase From URDs – Taxable Goods @ 4.76%
  • Purchase From URDs – Taxable Goods @ 12.66%
  • Output VAT @ 4.76% / Sales @ 4.76%
  • Output VAT @ 12.66% / Sales @ 12.66%
  • CST @ 4.76% / Interstate Sales @ 4.76%
  • CST @ 12.66% / Interstate Sales @ 12.66%

Punjab : 

  • The list of Trade Names has been updated as per the TradeCommodityName.xls file provided by the Excise and Taxation Department.
  • The e-VAT functionality of Form VAT 18 and 19 has been enhanced as per the latest templates.
  • For increase in VAT rate from 20.5% to 50% on cigarettes, the following VAT/Tax classifications are provided.
    • Input VAT @ 50% / Purchases @ 50%
    • Purchase From URDs – Taxable Goods @ 50%
    • Output VAT @ 50% / Sales @ 50%
    • Purchase Tax @ 50%

The values of entries recorded using these VAT/Tax classifications will be captured in Form VAT 15, 16, 20, 23 and 24.

  • The Form VAT – 2 Challan and Form – II (CST) Challan have been enhanced as per latest statutory requirements.

 

Service Tax : 

  • The new Form ST-3 has been provided in adherence to notification number – 01/2013-Service Tax of the ACES.
  • New exception report – Update Service Category has been provided in Exception Reports menu to update Taxable Service to respective service category.
    During the period – July to September 2012, as per Department specifications, the service tax on taxable services was accounted as Taxable Service. As per the latest notification, the assessees have to file returns in new Form ST-3 for the same period based on the respective service categories.
    The new Form ST-3 can be generated, after updating the service categories of all  transactions categorised as Taxable Service from Update Service Category report.
  • The Type of Organisation selected in Company Service Tax Details (F11: Features > F3: Statutory & Taxation) gets captured in section A8 of Form ST-3.

Tax Deducted at Source: 

  • In the voucher printing screen of TDS Challan, the options to – print either the party name or name as per PAN and specify the cheque date has been provided. Based on the selection made the name and date will be captured in TDS Challan ITNS 281.

Payroll: 

  • In compliance with the Budget 2013-14, the following changes have been incorporated :
    • Income tax deduction (U/s 87A) of an amount equal to hundred per cent of income tax or an amount of ` 2000, whichever is less, for an assessee being an individual resident in India, whose total income does not exceed ` 5,00,000.
    • Surcharge of 10% for individuals whose taxable income exceeds ` 1 crore per year.
    • Income Tax Benefit on interest on Home Loan (First Time Buyer) U/s 80EE for an amount not exceeding ` 1,00,000.

And more….
Release details of Stat.900 version 195 (PDF file)

Download Stat 195

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

Upcoming Releases on 20th March, 2013

Posted on by Tally Academy

Indian Taxation

Excise for Manufacturers :

♦ The RG23 A part I report will be enhanced to display tariff wise stock item details based on selection / configuration

 

Service Tax :

♦ New ST-3 Form and E-filing excel template will be supported as per the latest changes provided by the department.

 

VAT

♦ Assam
— The eCST Return will be provided as per the requirement

♦ Dadra & Nagar Haveli
— The online requisition will be provided as per the e-filing requirement

♦ Karnataka
— The online requisition will be enhanced as per the latest changes

♦ Maharashtra
— The e-VAT Form 501 (Refund Claim) will be provided as per the requirement

♦ Tamil Nadu
— The VAT return form will be enhanced as per the latest amendments

♦ West Bengal
— The CST Annexure B2 (Physical and e-CST) will be provided as per the requirements

 

Notify me, when ready »

Available new stat 192 from 14th March, 2013

Posted on by Tally Academy

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

Major Enhancement are :

VAT :

Rajasthan : 

As per Notification of Rajasthan Budget 2013-14 for increase in VAT rate from 50% to 65% on tobacco products and pan masala, the following new VAT/Tax Classifications are provided

  • Input VAT @ 65% Special Rate / Purchase @ 65% Special Rate
  • Purchase From URDs – Special Rate @ 65%
  • Output VAT @ 65% Special Rate / Sales @ 65% Special Rate
  • CST @ 65% / Interstate Sales @ 65%
  • Purchase Tax @ 65%
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 65% VAT rate in VAT Forms.

 

  

Tax Deducted at Source :

  • Functionality is enhanced to print the Deductor Category along with Deductor Type in box 2(b) of Form No. 26Q and 27Q.

And more….

Release details of Stat900 version 192 (PDF file)

Download Stat 192