Meghdoot Service Tax Update by CEPT (Megh 7.9.3)
1. Brief Description
Service tax is revised with effect from 1.6.2015 as per
F.No.PA Book 1/ST/2015-16/D-2807 to 2855 dated 26-5-2015. With the increase in
Service tax component the other two components ie Education Cess and Higher
Education cess cease to have effect. Hence the components are made as ‘zero’
for having any effect while calculating Service tax. Automatic calculation of service tax as per the revised
rates for the following transactions.
·
Speed Post
·
Express Parcel
·
New Pension Scheme
·
World Net Express
·
BNPL Parcel
·
PLI and RPLI (Accounts and Accounts PBS)
·
Biller Payments
2. Pre-Requisites
Meghdoot 7.9.2. Offices using any other version than
Meghdoot 7.9.2 should first update it to Meghdoot 7.9.1. Procedure for upgradation to Meghdoot 7.9.2
is available at ftp://cept.gov.in/Meghdoot7/Updates/MeghdootUpdate7.9.2.
3. Contents
This Update contains the following applications:
1
|
Update for Point of Sale
|
2
|
Treasury
|
3
|
Accounts
|
4
|
Accounts PBS
|
5
|
Update
for BNPL Parcel
|
Upgrade Instructions
Ø Please take backup of all related
databases and MDB’s after completion of the day’s work before proceeding for up-gradation
of this update.
Up-gradation Procedure and Features
Point of Sale
ü
Run the Pointofslae_ServiceTax_Updation.exe in
the server machine.
ü
If your office is authorized to book WNX article
and the WNX Master data folder upload is not done, it should be done before
executing the PointOfSale_ServiceTax_Updation.exe.
·
Service tax for SpeedPost, New Pension Scheme and WNX transactions will
be updated.
Accounts
ü Replace the existing Accounts.exe with new one.
·
Modified calculation of Income tax as per latest
slab ( TPA)
·
Service tax and education cess deduction for PLI
/RPLI. Service tax will be calculated automatically based on the date of
acceptance. Date of acceptance is a mandatory input.
·
Deletion of existing policy is not required.
Service tax will be updated through
modification option.
·
If policy belong to J and K, then check the
‘select for J and K Policy’ check box.
Service Tax/Sales tax will be calculated on the basis of the selection.(Since
the revised Sales tax is not available sales tax will be calculated at the old
rate)
Accounts PBS
ü
Rename
the exe as schedule.exe and Copy the schedule exe to the application
installation folder.
ü Upgrade the database by executing
schedule7.9.3.exl using script tool.
Service Tax automatic
calculation for first year premium and renewal premium
·
Fetching
Service tax from Subaccounts
·
Incorporating
Service tax from counter transactions.
·
Seperate
reports for PLIRPLI ST provided under
receipt reports.
·
Issue
with ebill fetching option for no of bills fetched / showed as 'zero' is
rectified.
Treasury
ü
Rename the existing Treasurer.exe and copy the
new Treasurer.exe in the same location.
ü
Run Treasury28052015.exl file using script tool.
·
Necessary modification to recover the enhanced
rate of service tax amount from the ePayment Biller/COD biller payments
wherever applicable
·
With the
increase in service tax component, the other two components ie; Education Cess
and Higher Education Cess are cease to have effect. Hence, the components are
made as ‘Zero’ for having any effect during calculation of tax amount to be
recovered.
·
Necessary modifications were done for the
purpose of NPS Payments in Treasury with the Enhanced Rate of Service Tax.
BNPL Parcel
ü Take BNPLParcel
database backup and execute the BNPLPARCEL_ST.exl script.
·
Service tax updation
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