In Maharashtra Form 231 new payment challans are provided as Part-II and
VAT Return Forms 201, 201A and 201B have been provided with new enhancements and functionality
Annexure A and Annexure B can be exported to Excel in the prescribed format.
A new VAT Classifications Input VAT @ 15%, Purchase @ 15%, Output
VAT @ 15% and Sales @ 15% has been provided
The Box Nos. 2.1 and 2.3 of VAT Form 120 were showing incorrect figures
when URD Purchase entries are passed. The total Tax amount shown in Box
This issue is resolved and the correct amount is captured in Box Nos. 2.1, 2.3
and 2.9 of Form 120 for Composition VAT return.
In Form VAT 120, when a sales entry is passed with VAT Classification Sales
- Composition VAT @ 1%, the sales amount is captured as a negative values in Box No. 2.3.
When Purchases entries with VAT Tax class Purchase From URDs – Taxable
Goods (Composition) and sales entries with VAT classification Sales -
Composition VAT @ 1% & Sales – Composition VAT @ 4% are entered, Box No. 2.1 captures incorrect values.
The above issues are resolved and the Box No. 2.1 and 2.3 captures correct values in VAT 120 Composition Return.
When a Journal Voucher is passed with VAT flag Interest Payable and Penalty Due, the interest and penalty amounts in respect of VAT were captured in CST Return also.
This issue has been resolved and two new flags Interest Payable on CST and Penalty Payable on CST have been provided so that the Interest and Penalty payable on CST are captured in the respective boxes of the CST Return.
The Additional Tax does not get calculated when a Sales and Purchase transaction is passed using an Accounting Invoice.
This issue is resolved and Additional Tax is calculated in the Accounting
The Additional Output Tax is calculated on the total value of goods when an
Excise Sales transaction is recorded using a Voucher Class.
This issue is resolved and the Additional Output Tax is calculated on the
Assessable value of goods.
In Form 201C the values are captured based on the Item
This issue is resolved and the values are captured based on the commodity name.
The VAT payment details were captured in Box No. 13.10 instead of Box No.
5.1 and an extra line of text Payment Details as per 13.10 was also printed
in VAT Form 100.
This issue is resolved and the VAT payment details are captured in Box No.
5.1 and the extra line of text is removed from VAT Form 100.
When a Debit Note or Credit Note is passed for difference in rate, the assessable value was not captured in Form VAT 100.
This issue is resolved and the assessable value is captured in Box No. 2.1 of
VAT Return Form 100.
When a Credit Note for Consignment Transfer – Sales Return is passed,
the value is captured in Taxable Turnover – Box No. 3.9.
This issue is resolved and the value is not captured in Box No. 3.9. of VAT
When a Debit Note is passed to increase the sale value in an Inter-State transaction the assessable value specified in debit note is also captured in Total turnover (Local).
This issue is resolved and the assessable value is not captured in Box No.2 (Total Turnover (Local)) of VAT 100.
In the e-VAT return files the Assessable Value of Goods captured includes the VAT Amount also.
This issue is resolved and the Assessable Value of Goods captured does not include the VAT Amount.
While exporting data to files Sales.txt and Purchase.txt an error message
Sales.txt / Purchase.txt does not exist was displayed.
This issue is resolved and the error message is not displayed.
While generating VAT Returns Form 10 the period is not printed as specified
in the VAT Payment Details screen.
This issue is resolved and the period is printed as specified in the VAT Payment Details screen.
The period was incorrectly printed in box Quarter/Month for 2nd, 3rd and 4th Quarter in the VAT Return Form 10, though the Print Preview showed it correctly.
This issue is resolved and the correct period is printed in the box Quarter/ Month.
When VAT Form 10 is printed for the Third Quarter, the Quarter/Month
shows incorrect period and the Gross Turnover for the entire year is printed
in Box No. 1.
This issue is resolved and the correct period and amount is printed in the respective boxes.
When an Inter-State Excise transaction is recorded, the Excise amount was captured twice in Column 5(e) of the VAT Form 231.
This issue is resolved and the Excise amount appears in column 5(e).
When an Excise Sale is recorded with VAT/Tax Class Consignment
/Branch Transfer Outwards the assessable value of goods (Excise duty, Education Cess and Secondary Education Cess) is not captured in the VAT Computation Report and VAT Form 231.
This issue is now resolved and the Assessable Value of Goods is captured in the VAT Computation Report and VAT Form 231.
When a Journal Voucher with VAT Flag Non-Creditable Purchases is
recorded the value is not getting deducted from the Box No 7(a) of Form 231.
This issue is resolved and the value of non-creditable purchases is reduced from box no 7(a) of form 231.
In page three of VAT Form 231 the words Authorised Signatory is appearing twice.
This issue is resolved and the words Authorised Signatory appears once only.
When a Journal Entry with VAT Flag Reduction in Value of Purchases Used for Others U/r 53 with VAT class being Not Applicable for Purchase A/c and Input VAT, the value appears in box no. 9c of Form 231.
This issues is resolved and the value does not appear in box no. 9 of Form
When a purchase transaction is passed in an Accounts only company the
Rate of Tax and Category are not displayed in VAT Annexure I.
This issue is resolved and the Rate of Tax and Category are captured in the
VAT Annexure I for the Accounts only company also.
The bifurcations for different VAT rates were not captured in the VAT Annexure I & II, even when the Purchase and Sales entries were passed with different VAT rates.
This is resolved and the different VAT rates are captured in the VAT
Annexure I & II.
When a sales Invoice with Voucher Class for multiple items is entered, in VAT Annexure B the Gross Sales Amount does not match with the Total Amount.
This issue is resolved and the Gross Sales Amount is captured correctly in the
Total amount Column of VAT Annexure B.
In VAT Annexure B the Return / Additions total does not match with the actual value entered.
This issue is resolved and the values are appearing as per the entry made.