|
Statutory Updates for Taxation Modules,
Returns and Annexure
In view of the latest statutory requirements and the increasing compliance by businesses falling under the purview of Value Added Tax, various enhancements are being introduced in Tally.ERP 9. These business specific enhancements pertaining to changes in VAT Rates, Forms and Annexures etc. are provided for each State to ensure smooth functioning of day-to-day operations and timely filing of VAT Returns in the physical as well as the electronic modes as per the requirements of the Department.
Value Added Tax - Stat Version
Updates pertaining to these states have been provided in Release 119
• New Rate 18% and 20% is Supported for Goa w.e.f. 16th July, 2010
Upcoming Releases
• Support of Multi Rate CST for Rajasthan VAT Forms and Annexures
• Jharkhand CST Form I - with Multi CST Rate Support
• Amendments made to West Bengal Evat Filing Procedures (On Confirmation from Dept)
• Karnataka Amended Form 100
