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Tally happy with traction for K'taka Commercial Taxes Dept

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Abhigna
New Update

BANGALORE, INDIA: Tally Solutions Pvt. Ltd. has announced that they have successfully reached out to more than 50 thousand businesses and recorded more than 36000 successful KVAT e-UpaSSuploads, the mandatory uploading of sales and purchase statements issued by the Karnataka Commercial Taxes Department, in a short span of 30 days.

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With the educative period extended till the 20th of August, Tally is planning to strengthen its e-compliance awareness drive further and extend it to all corners of Karnataka.

According to the Karnataka Commercial Taxes Department though many dealers have already uploaded e-UPaSS, there are still a large number of dealers who are yet to complete the process. In lieu of this, the department has issued a notification (no. 09/2014-15) extending the educative period for all dealers in the one crore to five crore turnover bracket till the 20th of August 2014. For dealers in the 50 Lakh to one crore turnover bracket the educative period is till the 20th September 2014, as Tally noted in the announcement. With the extension in educative period Tally Solutions who has been organising several awareness programmes and road shows across business hot spots in the city, is planning to take its awareness drive to the smaller townsand help establishments to comply to the regulation with ease.

Aravind KS, Associate Vice President at Tally Solutions Pvt. Ltd., said, "We always endeavor to simplify businesses for our customers. Statutory compliance, we believe will boost economic growth of the country. We are happy to closely work with the government to ensure that our customers get the best experience while they abide by the government regulations."

Commenting on the KVAT E-UPaSS feature of Tally.ERP9, A.S.JOSHI, Former Hon General Secretary, Karnataka Small Scale Industries Association (KASSIA), said "Regarding electronic upload of Purchase and Sales statement as per the notification from Commercial Taxes Commissioner, I would like to thank the Tally team for simplifying the entire process of uploading with a single click solution from the Tally software. I strongly recommend all my friends and fellow industrialists to upgrade the existing software of Tally to the latest version to make use of this facility."