This topic lists the product-related improvements and enhancements in Release 5.4, in-line with the statutory implementations for Madhya Pradesh.
● As per the notification of commercial tax department, to calculate VAT on quantity for certain items, an option is provided in item masters to set VAT calculation type based on quantity.
● Works contract transaction for local purchase and sales can be recorded by defining deduction rate/value, as per the regulation.
● Rate changes for petrol and diesel is incorporated by updating the VAT rate in the required master with applicable date.
● The serial number of Form 49 (road permit) details is captured in Statutory Details screen of purchase invoice while recording purchase transactions.
● VAT Form 10 is generated in the prescribed format and exported to latest version of e-VAT excel template provided by the commercial tax department.
● CST quarterly returns is now generated in the prescribed format and exported to latest version of e-CST excel template provided by the commercial tax department.
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'Release 5.4 Madhya Pradesh Product Improvements' has been shared with
