our partnership firm is GST registered as works contractor.
& the WORK-NATURE clause of our partnership states - "That the nature of the partnership shall be execution of civil contract work and engineering work, transportation works and all type of contract work AND other type of business/works which the partners shall mutually determine from time to time "
So, our question is that; if we want to register our partnership firm under GST to carry trade in other areas like "pharmacy" or "education" or any other areas, then; DO WE NEED TO AMEND OUR PARTNERSHIP-FIRM and SPECIFICALLY ADD terms like "pharmacy" "education" etc., IN THE DEED or since our partnership firm clause states that we can do - "other type of business/works which the partners shall mutually determine from time to time" WE CAN SIMPLY REGISTER OUR FIRM w.r.t. THE APPROPRIATE HSN/SAC code under GST & start doing other business whenever we want to do so, without changing anything in our partnership deed ??
CAclubindia
