Gst registration partnership firm


Indian Construction Company   20 November 2017

Indian Construction Company

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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 ?? 

 

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RAMAPRASAD (MBA)     20 November 2017

RAMAPRASAD
MBA 
 7 likes  207 points

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your business comes under different verticals

Better to take different GST for different type of business

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Indian Construction Company   20 November 2017

Indian Construction Company

 4 likes  92 points

View Profile | My Other Post

Originally posted by : RAMAPRASAD
your business comes under different verticalsBetter to take different GST for different type of business

I already know that... 

I specifically mentioned in my question that - 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 ??


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