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Tally ERP-9
Statutory Compliance
Hassle Free Statutory Compliance
India has a well developed tax structure with a three-tier federal structure, comprising the Union Government, the State Governments and the Urban/Rural Local Bodies. The power to levy taxes and duties is distributed among the three tiers of Governments, in accordance with the provisions of the Indian Constitution.

• Union Government is primarily responsible for imposing taxes on income, custom duties,
central excise and service tax.

• State Government is responsible for levying taxes like State Excise, stamp duty,
VAT (Value Added Tax), land revenue and professional tax.

• The local bodies are also authorized to impose tax on properties, octroi and many more.
Direct Taxes

The Tax whose burden can not be shifted from the assessee to other person is known as Direct Tax. The assessee himself has to borne it totally. Eg- Income Tax, Wealth Tax.

Tally.ERP 9 supports the following direct taxes:



Indirect Taxes

The Tax whose burden can be shifted from the assessee to other person is known as Indirect Tax. Eg- VAT, CST, Service tax, Excise Duty, Custom Duty etc.

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