Latest Update for India GST - #msdynav.

Hi Readers,

This is a quick article about changes in Goods and Services Tax in Dynamics NAV 2016.

With latest cumulative update Microsoft have released update for India version which includes a Application change related to  GST Changes.

In this article we will understand about the update and How partners should apply this hotfix for customers in #msdynav.

Version - Dynamics NAV 2016.

Description of Change - 

• GST Section 20-7 Introduced
• GST Section 20-6 modified

Title - 

• An inconsistency occurs when you post a cash payment voucher with TDS (tax deducted at source) in the Indian version.
• Error message displays when you apply a payment with TCS to a sales invoice in the Indian version.
• TDS (tax deducted at source) is not correctly calculated when multiple advance payments are applied against the single invoice in the Indian version.
• Incorrect TDS values are in the Statistics and TDS ledger entries in the Indian version.
• GST for SEZ (Special Economic Zone) customer should be collected from the customer in certain scenarios, rather than being debited from IGST account in the Indian version.
• TCS is calculated on bill-to customer not on sell-to customer in the Indian version.
• TCS threshold should be on the sales realization in the Indian version.

Impacted Objects - 

• Table - 18|25|36|37|81|110|112|114|5107|16419|16470|16482|16507|16514
• Codeunit - 12|13|80|90|16401|144057|144068
• Page - 21|39|41|42|43|44|130|132|134|232|253|255|507|6630|16414|16419|16425|16517|16569|16579
• Report - 16518

New Objects -  Two New objects have been added through this update. Licensing refresh is required.

• Table - 16482
• Page  - 16425

Detail of Hotfix.

Hope this articles helps you to apply the GST Fix for customers if they use that feature.

Stay tuned for more.

Regards,

Saurav Dhyani

www.sauravdhyani.com