Budget 2012 is here and there is a change in Service tax and Excise, in Tally.ERP9

Meanwhile, the challenge would be to ensure the impact of change in your accounting software to ensure smooth running and time billing. Some steps while doing so are based on our suggestions   Create a New ledger account for the new rate in Tally instead of changing the percentage for the Tax account you would [...]

Change of Excise rate in Tally 7.2 or Tally 9 (CBEC circular Announced)

The Indian Government has announced a Stimulus package which includes a 4 % reduction in Ad-valorem duty across the board to boost additional funding. When it would be applicable from and other details would be provided by CBEC.   The notification has appeared on http://www.cbec.gov.in/excise/cx-act/notfns-2k8/ce58-2k8.htm   Meanwhile, the challenge would be to ensure the impact [...]

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