Trade License in Jamal Road is required by all person be in any type of concern or trade in Jamal Road. Under the ease of achievement business scheme government of Jharkhand has devised a 1 day approval system for Trade license in State. Under this scheme Provisional Trade License is issued within 1 morning and the application for trade license is processed within a maximum of 22 days. If the Trade License is not issued or rejected within 22 days, then the provisional Trade License shall be considered as final.
License development is charged yearly on zenith of the Trade License issued, the quantum of license momentum depends on the area of office. Larger the Place higher will be the license fee. Trade license taking into consideration issued shall be answerable to once a year license proceed unless surrendered, if the license build up is not deposited on time an additional fine shall be charged form the license holder for the said period. For applying Trade license in Jharkhand the applicant is required to get clearance from the Municipal Corporation for the use of plastic bags and other abstemious and wet wastages. Trade license is real for lifetime subject to once a year license go ahead payment and can be surrendered voluntarily by the applicant following the issue is discontinued. Department can order inspection of the premise used for business any mature during the license period. Trade License is one of the basic KYC requirement for starting a additional business in Jharkhand.
DOCUMENTS REQUIRED FOR APPLYING TRADE LICENSE IN JHARKHAND:
- PAN and Incorporation Details of the business
- Address proof of business
- KYC details of Authorized representative