This topic lists all the product improvements and enhancements related to service tax made in Release 5.4.
● On printing the service tax invoice, Swachh Bharat Cess was aligned to the left. This issue is resolved.
● In a sales invoice created with Swachh Bharat Cess and service tax, the value of Swachh Bharat Cess was doubled when tracked against the sales order. This issue is resolved.
● Journal voucher could not be marked as optional when service tax was enabled. This issue is resolved.
This occurred when service tax was exempted for that particular party.
A note is now provided which displays the service category and assessable value details at the end of the stock item.
This occurred when multiple services with same service tax category was printed in a single invoice.
Now, the total value of the multiple services is printed as the assessable value in reverse charge note.
● Voucher number was not printed while printing/exporting the Provider's Liability for Category details under Service Tax Liability in Form ST3. This issue is resolved.
● Service tax computation report for Form ST3 is enhanced to support Krishi Kalyan Cess.
Now the duty values are rounded off for service tax, Swachh Bharat Cess and Krishi Kalyan Cess ledgers in single and double entry mode, for receipts and payments.
● When a journal voucher was entered with CENVAT Credit Used For Service Tax Payable (Capital Goods) or CENVAT Credit Used For Service Tax Payable (On Inputs) selected in the Used for field, the service tax payable was not getting decreased in Form ST3 report. This issue is resolved.
● While recording professional receipt transaction with income/service ledger and service tax ledgers, you can enter/select the party name from whom the amount is received. This facilitates printing the actual party name in professional receipt cum challan.
● While recording service tax transaction in a journal voucher, an error message Voucher totals do not match! was displayed. This was occurred only for the first journal voucher entry. This issue is resolved.
● When service tax transaction was recorded using a journal voucher, the first ledger name in the journal voucher was captured in service tax computation report for Form ST3 when drill down to Service Tax Credit Availed for category report. This issue is resolved.
● Inclusive of Service Tax sub screen was not appearing on enabling the option Allow entry of amount inclusive of tax for service ledger? while passing a sales invoice with voucher class. This issue is resolved.
● Incorrect assessable value was displayed when,
o A sales invoice was passed with multiple stock items with the same service category, and service value is modified for one of the stock item. The Description of Goods column displayed incorrect assessable value.
o Partial reverse charge was raised for multiple stock items in a sales invoice. Assessable value in note displayed only the assessable value of the last item.
o Also, in Tax Analysis, partial reverse charge was displayed as Less Providers Liability instead of Less Recipent’s Liability.
This error occurred when the sales invoice was printed. The issue is resolved.
● Service tax computation report for Form ST3 is enhanced to display tax liability/credit breakup of service tax, Swachh Bharat cess and Krishi Kalyan cess. The breakup of the tax types are displayed on drilling down from the respective service tax particulars.
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