India GST GA Release – Release note for Microsoft Dynamics AX 2012 R3, AX 2012 R2, and Microsoft Dynamics AX 2009 SP1

Applies to: Microsoft Dynamics AX 2009 Service Pack 1Dynamics AX 2012 R3

Summary


GST is an organisation-wide transformational change that will impact the entire value chain of operations, including procurement, manufacturing, distribution, warehousing, sales, and pricing.

It is a destination-based tax that should replace the current Central taxes and duties such as Excise Duty, Service Tax, Counter Vailing Duty (CVD), Special Additional Duty of Customs (SAD), central charges and cesses and local state taxes, i.e., Value Added Tax (VAT), Central Sales Tax (CST), Octroi, Entry Tax, Purchase Tax, Luxury Tax, Taxes on lottery, betting and gambling, state cesses and surcharges and Entertainment tax (other than the tax levied by the local bodies).

To support the new regulation, Microsoft is releasing India GST hotfix patch to update Microsoft Dynamics AX 2012 R3, AX2012 R2 and AX AX2009 SP1 to support business processes with new GST regulations. As the final GST law and law enforcement date is yet to be announced by the Government, the new updates to AX 2012 R3, AX 2012 R2 and AX2009 SP1 are based on draft Model GST law updated through April 2017 (For more information about the law, visit www.cbec.gov.in). To help you understand the GST specific changes in the enterprise resource planning (ERP) tax framework, Microsoft is releasing India GST package for AX 2012 R2, AX 2012 R3 and AX 2009 SP1.

More information


Microsoft will continue to release India GST features and updates, based on changes in the final GST laws.

Main scope

Here are the main features that are part of the GA Release

Outward supply transactions

(sales order, export order, free text invoice, General journal, and project invoice)

Business-to-Business (B2B)

  • Interstate/intrastate
    • Goods
    • Services

Business-to-Consumer (B2C)

  • Interstate/intrastate
    • Goods
    • Services

Interunit stock transfer

Exempt sales

Export sales

  • Overseas export
    • Zero-rated export
    • Deemed export

Supply to Government

  • GST_TDS on payment

Project supply

  • Project contract
  • Project Quotation

Adjustment against outward supplies

Debit/credit note

Customer return

Tax Invoice / Bill of Supply

Free text (supplementary invoice)

Revised Invoice, Revised Debit/Credit Note, Revised customer payment Journal

Inward supply transactions

(Purchase Requisition, Purchase order, Import order, Invoice Journal, General Journal )

Registered supplier

  • Normal supply
    • Interstate/intrastate
      • Goods
      • Services

Reverse charge supply

  • Interstate/intrastate
    • Goods
    • Services

Unregistered supplier

  • Normal supply
  • Reverse charge supply

Composition supplier

Another supplier

  • Zero-rated
  • Exempted
  • Non-GST

Foreign supplier

  • Normal import supplier
    • Goods
    • Service
  • Associate enterprise supplier

Adjustment against inward supplies

  • Debit/credit note

Revised Invoice, Revised Debit/Credit Note, Revised vendor payment Journal

GST settlement

  • Settlement hierarchy
  • Manual adjustment of tax settlement
  • Rule-based tax settlement

Retail transactions that are covered:

  • Intrastate and interstate transactions
  • Normal sales
  • Customer order
  • Return order
  • GST price inclusive
  • GST price exclusive
  • Discounts and offers
  • Exempted sales
  • Replenishment
  • Uniform invoice number and POS receipt number

GST Reports (CSV file)

  • GSTR-1
  • GSTR-2

Note: Microsoft Corporation (or one of its affiliates, depending on where you live) licenses this supplement to you. You may use it together with each validly licensed copy of AX2009 SP1, AX 2012 R2 and AX 2012 R3. You may not use the supplement if you don’t have a license for the software. The license terms for the software apply to your use of this supplement. To read the license terms, go to the Help menu in the software. Microsoft provides support services for the supplement as described at www.support.microsoft.com/common/international.aspx.

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Prerequisites


You must have one of the following products installed to apply this hotfix:

  • Microsoft Dynamics AX 2012 R3
  • Microsoft Dynamics AX 2012 R2
  • Microsoft Dynamics AX 2009 SP1

How to obtain the Microsoft Dynamics AX updates files