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       #Post#: 100--------------------------------------------------
       MSIC codes
       By: Lamlyew Date: July 19, 2017, 1:54 am
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       Have a situation here ...
       Have a group of companies ...lets say Company A and Company B.
       Company A registers for Industrial Machines
       Company B registers for Groceries
       The accounting/ERP software controls MSIC codes by products.
       Supposing, by mistake, Company A sells groceries to a customer,
       does the transaction MSIC stays with groceries or follow the
       registered MSIC for industrial machines?
       A subsidiary question ...do you think the accounting/ERP
       software control selling items not from their MSIC registration?
       #Post#: 112--------------------------------------------------
       Re: MSIC codes
       By: NSelvam Date: July 20, 2017, 12:14 am
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       MSIC Code & Value of Output Tax are mandatory Fields in GST03 &
       TAP File
       This is the feedback received from the pax who attended my GAF
       hands-on training sessions
       If the Company registered only 1 MSIC Code
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       All Products & Services sold will be assigned this code
       If the Company registered for more than 1 MSIC Code
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       Your Accounting Software must be able to do the "split" else do
       it outside the Accounting System
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