Trade License in Koderma is required by all person achievement any type of matter or trade in Koderma. Under the ease of piece of legislation business plot government of Jharkhand has devised a 1 day compliments system for Trade license in State. Under this plot Provisional Trade License is issued within 1 day 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 expansion is charged yearly beyond the Trade License issued, the quantum of license encroachment depends on the Place of office. Larger the area higher will be the license fee. Trade license behind issued shall be answerable to once a year license improvement unless surrendered, if the license progress 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 obtain clearance from the Municipal Corporation for the use of plastic bags and other ascetic and damp wastages. Trade license is true for lifetime subject to yearly license evolve payment and can be surrendered voluntarily by the applicant with the thing is discontinued. Department can order inspection of the premise used for issue any epoch during the license period. Trade License is one of the basic KYC requirement for starting a supplementary 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