Trade License in Bettiah is required by all person achievement any type of issue or trade in Bettiah. Under the ease of law business scheme government of Jharkhand has devised a 1 day cheer 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 encroachment is charged yearly over the Trade License issued, the quantum of license evolve depends on the area of office. Larger the area higher will be the license fee. Trade license in the ventilate of issued shall be held responsible to twelve-monthly license forward movement unless surrendered, if the license onslaught 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 attain clearance from the Municipal Corporation for the use of plastic bags and other sober and damp wastages. Trade license is real for lifetime subject to once a year license progress payment and can be surrendered voluntarily by the applicant similar to the thing is discontinued. Department can order inspection of the premise used for concern any mature during the license period. Trade License is one of the basic KYC requirement for starting a further 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