Enhancements for Gujarat in Release 5.4

This topic lists the enhancements for Gujarat in Release 5.4.

Enhancements

Annual returns – Form 205 and Annexure 205A .

Annexure 201A is enhanced to consolidate values of sales to unregistered dealers.

ITC Reversal Computation report is introduced to capture the reversal of input tax paid on taxable purchase to the extent of interstate sales made.

ITC Reversal Stock Item report is introduced to capture ITC reversal amount, due to lower tax payable for interstate transactions.