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GST – Goods and Service Tax Implementation for NAV 2013 – Phase 3 – India

Two days back, Microsoft has released GST Updates Phase 3 for Microsoft Dynamics NAV 2013 – India

https://mbs.microsoft.com/customersource/Global/NAV/downloads/tax-regulatory-updates/msdnav2013goodstaxindiaph3

Direct download links:

NAV2013INRelease3 [14.8 MB – ZIP]

 

Features included in this Release

  • Settlement (based on Credit flow changes)

  • Input Service Distribution Transactions (based on Credit flow changes)

  • Input Service Distribution (Distribution part)

  • Changes in Credit Note linking with Invoice Purchase import & Credit Memo – calculation based on assessable value.

  • Same HSN in multiple groups

  • Associate enterprises vendors for Goods invoices

  • Customer Type – SEZ units & SEZ development

  • Vendor type – SEZ

  • GSTR 1 file format

  • GSTR 3B Rate Slab (GST rate per quantity)

  • Advance payment application in combination with GST & TDS / TCS


Features excluded in this Release

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

      • GSTR returns file formats (3, 6 & 8)

      • GST on Bank Charges

      • To calculate IGST when transferring Items from bonded warehouse

      • Credit Memo without Application

      • Cost Amount (Actual) is incorrect in the Value Entries created

      • Location Code is mandatory for advance and normal payments

      • GST Group Type = Item for Type = G/L Account in Document lines

      • Different GST Group and HSN/SAC Codes in Advance Payment and Invoices