VALUE ADDED TAX (VAT)

VALUE ADDED TAX (VAT)

Abstract:

Value Added Sales Tax Information System (VASTIS) is an IT solution for the Value Added Tax (VAT) System.

Value Added Tax is a tax that applies to all commercial activities involving the production and distribution of goods and the provision of services. It is a consumption tax, borne ultimately by the final consumer. It is charged as a percentage of prices.

It is collected fractionally, via a system of deductions whereby taxable persons (i.e., VAT-registered businesses) can deduct from their VAT liability the amount of tax they have paid to other taxable persons on purchases for their business activities. This mechanism ensures that the tax is neutral regardless of how many transactions are involved.

This project benefits the citizens with greater transparency, convenience, timeliness, responsiveness and lower overall costs. For the governments, the main benefits are the greater trust that the citizens will repose and the cost-savings achieved by these services. For the commercial organizations, the benefits will accrue from their effectively seizing the opportunity for some outsourced services and new marketing opportunities.

Module description:
Administrator Module
Admin view all the details about the contractor, employes, and others…And they can manage….
• Create Quotation
• Sending Quotation
• Daily Wages of Workers
• Weekly Wages of Workers
• Cost Estimation
User Module
The detailed entry of the supplier and the employers are maintained here. The Employer entry consists of the salary and the advance details and the salary voucher are also made.

• User Registration
• Sending Request for Quotation
• View daily estimate
• View estimate
Report Module
The voucher entry made for the material purchased for the construction site according to the material category, its type, the brand name, the no of units purchased and with the VAT calculations.Wap is very useful to see what are the agency are there and their part to view the details about the purchase order.

• Worker Wise Report
• Cost versus manpower requirement report
• information for manpower
• Report on day wise work completion
• Material requirement information by report
VAT:
The consumer can purchase the product, in every product the Vat Calculation was maintained, it is the greater benefits for government.

Purchase Order:

The voucher entry made for the material purchased for the construction site according to the material category, its type, the brand name, the no of units purchased and with the VAT calculations.

System Requirements:

Hardware Requirements:

• System : Pentium IV 2.4 GHz.
• Hard Disk : 40 GB.
• Floppy Drive : 1.44 Mb.
• Monitor : 15 VGA Colour.
• Mouse : Logitech.
• Ram : 512 Mb.

Software Requirements:

• Operating system : – Windows XP.
• Coding Language : VS2008
• Data Base : SQL Server 2005

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