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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