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Microsoft Dynamics NAV 2016 GST (Goods and Service Tax) Phase 5 – India

Last Week, Microsoft has released GST Updates Phase 5 for Microsoft Dynamics NAV – India

https://mbs.microsoft.com/customersource/Global/NAV/downloads/tax-regulatory-updates/MDNAV2016GSTPHS5IN

Direct download links:

GST White Paper 2017 Doc [6.60 MB]

NAV 2016 Release 5 Zip [4.79 MB]

Features included in this Release

  • Slab wise GST Tax Rate for main components and Cess

  • Input Service Distribution (distribution part)

  • Advance payment application in combination with GST & TCS

  • GSTR 1 file formats

  • GSTR 3B format

  • Receipt & Refund Voucher

  • Payment & Refund Voucher

Features excluded in this Release

The following features will be delivered in Sep’17 & Oct’17 releases.

  • Other supplies Invoice (Company to Employee)

  • GSTR 2, 6 & 8 – formats not yet released by Government. If provided by 31st Aug then would be part of October release.

  • Normal and reverse charge in the same Purchase invoice for Registered Vendors

GST Updates for Microsoft Dynamics NAV – India

Yesterday, Microsoft has released GST Updates for Microsoft Dynamics NAV – India

https://mbs.microsoft.com/customersource/Global/NAV/downloads/tax-regulatory-updates/MDNAV2016GSTIN

Direct download links:

NAV 2013 R2 Phase 2 [12.4 MB]

NAV 2016 IN GST [12.6 MB .exe]

Features included in this Release

  • Credit Flow changes ( from Interim to Recoverable account)

  • Sub-Contracting changes

  • Exempted Good & Service for Service transfers and Service management

  • Input Service Distribution transaction changes based on Credit flow changes

  • Reconciliation changes based on revised Credit flow

  • Cr. Adjustment journal changes based on revised Credit flow

  • Advance Payment application changes (based on rules released on 3rd Jun )

  • Reverse Charge changes based on services ( based on rules released on 3rd Jun)

Features excluded in this Release

  • As per rules released in June’17, there are substantial changes in following features and will be delivered in Aug’17 release.

  • GST TDS / TCS

  • Settlement

  • Input Service Distribution (only distribution part)

  • GSTR returns (1, 2, 6 & 8)

  • GSTR 3B – formats not released yet

  • GSTR file formats

 

GST (Goods and Service Tax) for Microsoft Dynamics NAV 2013 – India

Yesterday, Microsoft has released GST hotfix for Microsoft Dynamics NAV 2013 – India. For more information please refer to the following link:

https://mbs.microsoft.com/customersource/Global/NAV/downloads/tax-regulatory-updates/msdnavgst2013india

Direct download link: IN7.0_TFS180497 GST Goods and Service Tax

Before this update can be installed, the following prerequisites are required:
Microsoft Dynamics NAV 2013 India

Pre-requisites:

  • NAV 2013 RTM Database (Version 7.0.33781)
  • Import below Hotfixes sequentially
No. TFSID Fixes Description
1 338699 Service Tax Reverse Charge
2 TFS346176 TDS_Zero_Percent
3 TFS351237 IN_FVU_Version_3_9_For_e-TDS_TCS_return
4 TFS354131 FVU 4.0-4.1
5 HF 355971 FVU 4.0-4.1
6 TFS160376 Swachh Bharat Cess
7 TFS167290 Additional Depreciation
8 TFS167309 eTDS FVU 5.0
9 TFS167311 Krishi Kalyan Cess
10 TFS177308 eTCS FVU 5.1

Note: No data upgrade is required before you can use this feature.

Goods and Service (GST) Tax for Microsoft Dynamics NAV 2013 R2 – India

Yesterday, Microsoft has released GST hotfix for Microsoft Dynamics NAV 2013 R2 – India. For more information please refer to the following link:

https://mbs.microsoft.com/customersource/Global/NAV/downloads/tax-regulatory-updates/GSTTAXNAV2013R2IN

Direct download link: IN7.1_TFS180484 GST – Goods and Service Tax.zip

Before this update can be installed, the following prerequisites are required:
Microsoft Dynamics NAV 2013 R2 India

Pre-requisites:

  • NAV 2013 R2 RTM Database (Version 7.10.35473)
  • Import below Hotfixes sequentially
No. TFSID Fixes Description
1 TFS353595 TDS Zero Percent
2 TFS354411 FVU 3.9-4.1 and TDS Zero Pct
3 HF377555 GL Inconsistency
4 TFS160375 Swachh Bharat Cess
5 TFS167308 eTDS FVU 5.0/
6 TFS167310 Krishi Kalyan Cess/
7 TFS177164 eTCS FVU 5.1

Note: No data upgrade is required before you can use this feature.

GST Phase 2 – for Microsoft Dynamics NAV 2016 – India

Today, Microsoft has released GST phase 2 release for Microsoft Dynamics NAV 2016 – India

https://mbs.microsoft.com/customersource/Global/NAV/downloads/tax-regulatory-updates/GSTNAV2016IN

Features included in this Release

  • Input Service Distribution
  • Exempted Goods and Service
  • Normal Payment and its Application to Invoice
  • Service Transfers
  • Sub-Contracting
  • GST Compensation Cess

Direct PDF download link: White Paper GST NAV 2016-IN

GST – Goods and Service Tax Implementation in India for Microsoft Dynamics NAV 2016 – India

Microsoft has released a whitepaper for Goods & Service Tax, providing the lists of objects and development to be done, the proposed whitepaper has update of only Dynamics NAV supporting version NAV 2016. For more information please refer to the following link:

https://mbs.microsoft.com/customersource/Global/NAV/downloads/tax-regulatory-updates/nav2016gstindia

Direct PDF download link: WhitePaperINGSTNAV2016