This topic lists the enhancements for Gujarat in Release 5.4.
● 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.