Some of the major facilities and enhancements include:-
display of due date in purchase entry,
importing VAT rate specified in item master,
VAT bifurcation details in sales invoice and accurate calculation of tax for multiple VAT rate items etc.
Some major stat changes incorporated in Stat file are:-
VAT return forms RT II and RT III have now been provided for Bihar
New VAT classifications has been added.
Modification and deletion in existing VAT classifications
Forms 8, 8A and 8B have now been provided for Kerala.
New VAT classification for VAT 20% added for Kerala.
Capital Goods 12.5% has now been provided in VAT/Tax Classes for Rajasthan.
New VAT Classifications have been provided, in order to make voucher entry convenient for Haryana.
You can get pdf version of release notes of stat 47.
Related readings : Download New version Tally 9, Sate version 46 released
Vat Return Form 14 of West Bengal has been changed. Stat file needs an upgradation acordingly.