Relyonsoft.com
 
VAT Software Solutions

Frequently Asked Question on VAT Info
 
 
01.
 What is the difference between the Book and the CD?
 
Saral VAT Info is an Exclusive Package that consists the Commercial Tax Laws at one place with exclusive features.
Saves time in finding out the Rates for any particular product.
All the Products are hyper-linked to its Schedules and the Hyper-links are made across the Package
Forms can be opened in Word Format and can be filled up and taken a printout directly.
Superior Search Engine helps the user to search any particular Word in the entire Package.
CST, KST, ET, Cess and TOT at a single Click.
Latest Notifications and revision of Rates are updated on the Web.
 
02.
 Though we have already purchased the books, why should we purchase the C.D again?
 
Both have got their own features. You will be saving a lot of time by using Saral VAT Info since the Package is hyper-linked through out.
The Book will not update you till you buy a new Edition.
Whereas Relyon shall update the Package over e-mail and through Web-site at no extra cost till 20th March, 2002.
 
03.
 Who are the people involved in development of the Program? What is the source of information/data in the Package?
 
The data has been collected directly from the Commercial Tax Department. Moreover, the team behind this Package are the Chartered Accountants, Advocates and Cost Accountants, having more than 25 years experience in this field.
 
04.
 This package will be of help to the user only for a Year or so. VAT is being expected to commence from the next year. How are we benefited?
 
We understand that most of the Tax Consultants will be solving their client's problems that are pertaining to the last 2-3 years.
Though the VAT comes, you will be using this Package for atleast 2-3 years.
 
05.
 How will the PACKAGE be updated when the VAT is implemented?
 
Relyon will be developing an entirely new and different Program on VAT.
Relyon will intimate you over e-mail and will give the package at a discounted rate to all its KCTLC users.
 
06.
 What are your Upgradation Charges for the Next Year?
 
Since the Government's decision on VAT is uncertain, we wish to inform you that in case VAT is implemented, we will be coming up with a new Package on VAT. At the moment, we are not sure about the work that involves in developing of this Package. Hence, we are not able to decide the cost of this Package now.
 
07.
 How do I receive the Latest Information?
 
Log on to www.relyonsoft.com/KCTLC/upgrade.htm  for updated information for the year 2001-2002. (till 20th March 2002)
Updations are made from time to time at no Extra cost for the current financial year till 20th March 2002
 
08.
 How do we update our Package, in case we do not have Internet Facility?
 
You can bring your CD to our Office and get it updated.
 
09.
Do you charge extra for updation?
 
No. It is a complimentary service to all our Users for the current financial year till 20th March 2002.
 
10.
How do I apply for Additional Installation in the same Organization?
 
You can install the same CD in different Computers but you need to buy an additional License at a cost of Rs.500/- per License.
 
11.
 Do you have any Help Manual?
 
Saral VAT Info is facilitated with the Help Utility that captures the entire Package.
You may contact Relyon as well for any kind of Help related to Software.
 
12.
 How to find the rates for the years before 1998-99?
 
Refer the Actsual Schedules provided in the Package.
 
13.
 We do not have CD Rom Drive, how can we install Saral VAT Info?
 
Package can be installed by us with our CD ROM Drive at an additional cost of Rs.250/- per installation (within Bangalore).
We can also install certain Packages with the Floppies as well.
 
14.
 How do I fill the Forms?
 
The Package consists an Option Button to open any Particular Form in Word Document.
Either you can open it in this format or you can copy the Form and paste it in the Word Document
 
15.
Which is the competitive product for this Package? And how is Saral VAT Info different from the other Packages?
 
No other packages has captured the Karnataka Commercial Tax Laws and Tax Rates to such an extent.
Saral VAT Info is rated very reasonably that gives value for your Money.
Relyon leaves its users to compare Saral VAT Info to its competitive Packages.
 
16.
 What about the details of Case-laws and the Judgements pertaining to the Karnataka Commercial Tax Laws?
 
It is being examined and the same shall be inserted after the feedback survey from the Market is received.
 
17.
 What is the Software Requirements to install Saral VAT Info?
 
Windows any version 95, 98, ME, 2000, NT and Internet Explorer 5.0 or more is required.
For those who does not have Internet Explorer in their System, they can install the same from the Installation files provided along with Saral VAT Info C.D.
 
18.
 What are the System Requirements to install Saral VAT Info?
 
Processor - Pentium+
RAM - 32 MB Recommended
Hard Disk - Minimum of 100 MB free space
 
19.
 How much space does Saral VAT Info require?
 
25MB Hard Disk Space
 
20.
 What is the Programming Language and Database using which the Package is developed?
 
Front End - Visual Basic 6
Back End - MS Access'97
 
21.
 If I have problems operating the Program, what kind of after-sales-support will be provided?
 
Contact Relyon through E-Mail or over phone. You can also send the suggestions and queries through the option available in our Software Packages.
 
22.
 If the Computer with the Software installed gets damaged and If the Package needs to be installed in some other Computer how should we do it?
 
If you want to reinstall in the same computer you can use the C.D. again and it will not ask for the License.
But, if you are installing in any other Computer please contact Relyon for assistance.
 
23.
 Is it possible to access this Package through Network?
 
No. It is not possible.
 
24.
 Can we suggest any improvement? If so, how?
 
Your Suggestions are most welcome. Relyon shall incorporate the same in our next version.
You can Contact Us through E-mail at info@relyonsoft.com for any Suggestion/Query or by Phone.
 
25.
 Though we are Tax Consultants, how would referring Saral VAT Info to our Customers benefit us?
 
Saral VAT Info can never replace a Tax Consultant. It can help him to give the consultation easily and quickly.
In case you refer our product to your Customers, the number of times he calls you may reduce. He need not call you for every small problem he may come across.
 
26.
 Are there any incentives for referring your Product to others?
 
Yes, the same will be considered on materializing the Sales.
 
27.
 Would Relyon be helping in Sales Tax matters?
 
Relyon can refer you to the Consultants who are experts in this field.
 
28.
 What are your other Products?
 
They are iaCcess, Petty Cash, Vakilji, CAD related Software Packages and other application packages like Inventory, ESI & PF, Wage Calculations, Individual IT Calculator, Billing Utility for Medical Transcriptions and others.
We also undertake web-designing.
   
29.
 Who should register under VAT?
 

Every Dealer whose taxable turn over exceeds two lakh Rupees during the year has to pay VAT
Every dealer whose taxable turnover exceeds fifteen thousand rupees in any of the month has to pay VAT
   
30.
 What is the limit for a dealer under CoT?
 
Dealer whose total turn over does not exceed two lakh Rupees in any of the four Quarters will come under CoT
   
31.
 Can I File VAT Quarterly Return?
 
Yes , VAT Return can be filed Quarterly
   
32.
 What are all the changes in VAT for the year 2006-2007?
 
VAT110 which was used for revised return is now the return for Casual Traders
For any correction, VAT100 should be used by mentioning the 'Type of return' as 'Corrected'/'Revised'/'Final'
   Commodity-wise particulars (both Sales as well as for Purchases including non-sale transactions) should be provided in the Annual Statement
Entry and Special Entry Tax Return form part of VAT100
Annexure I is introduced which is extract of local purchases. which forms a part of VAT100
Annexure II is introduced for giving particulars related to statutory forms like C form etc.,
Computation of ineligible portion of input tax under Sec 14 and Sec 17 has been revised and a new formula is given
Introduction of Annual Return
Introduction of Form 6 and Form 170
   
33.
 What is Annual Return?
 
Form 115 is the annual statement to be submitted by a dealer under VAT after the completion of the year 2006-07. This contains commodity wise information for all types of transactions.
Form 135 is the annual statement to be submitted by a dealer under CoT after the completion of the year 2006-07.
   
34.
 What is Form 6?
 
Form 6 is the form to update registration data. Form 6 has to be filled in and attached to the return for the last month of every year
   
35.
 What is Form 170?
 
Form 170 is the Register of Purchases made within the state under Rule 33(2). Every dealer shall keep the account of Purchase made within the state in form 170
   
36.
 What is Annexure - I and Annexure - II?
 
Annexure - I contains the details of Input-Turnover (Local) and Tax Paid as per Tax Invoices. This information shall be furnished by a VAT dealer whose turnover for the preceding year is less than 2 crores and/or less than 16 lakhs during the month.
Annexure - II contains Details of statutory forms filed for the particular quarter ending
   
37.
 Can a CoT Dealer buy CST goods?
 
Yes , A CoT Dealer can buy CST goods.