Available new stat 192 from 14th March, 2013

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 :

Release details of Stat900 version 192 (PDF file)