Statutory Features

Value Added Tax

• Simplifies every aspect of VAT

• Tracks VAT transactions to State specific VAT classification with inbuilt rates of taxes

• Generates VAT Computation for the desired period, along with Input VAT

• Details, Output VAT Details and net VAT payable amount

• Helps you file regular VAT/Composite Returns for a given period

Service Tax

• Pre-defines Service Tax categories/rates and the applicability of these rates from a given date

• Tracks input tax credit and adjusts it against Service Tax payable

• Provides information on net payable

• Generates half yearly Returns, annual Returns and TR-6 Challans, in the blink of an eye

TDS

• Allows you to configure TDS ledgers by specifying the Nature of Payment and Assessee Types along with the Rate of TDS

• Determines user-defined expense/payment type with user-defined rates

• Auto-deduction of TDS, based on pre-defined rates, once the transaction exceeds the threshold limit

• Generates Challans and Form-16A Certificate

• Generates and files quarterly and annual returns within the specified 25-day period

• Generates e-TDS files in NSDL compatible formats

Excise for Traders

• Generates Excise Invoices for traders

• Tracks Purchase Invoices during sales, with the ability to pass on Cenvat Credit

• Generates Quarterly Returns (Form 2)

• Maintains Excise Stock Register (RG 23D)