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ADVANTAGES OF KeVAT

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  • Automatic Calculations as per State Taxes Rules.
  • Automatic tax calculation u/s 2(w)(v), where tax is included in the turnover.
  • Automatic Simple tax calculation, where tax is not included in the turnover.
  • Surcharge Calculation.
  • Interest and Penalty Calculations.
  • V.A.T. calculations.
  • Input Rebate Calculations.
  • Common figures like Gross Turnover, Sales outside state, Export sale, Sales within state and Inter-state sales are automatically transferred from VAT Module to CST Module during entry of VAT data.
  • In case of Consolidated Return, the total of figures from the Return of Branches are automatically be taken into Consolidated Return.
  • Data can be copied from one year to another.
 

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