Trade License in Latehar is required by all person operate any type of issue or trade in Latehar. Under the ease of put on an act business Plan government of Jharkhand has devised a 1 day give enthusiastic ovation to system for Trade license in State. Under this plot Provisional Trade License is issued within 1 daylight 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 forward movement is charged yearly higher than the Trade License issued, the quantum of license fee depends on the Place of office. Larger the area higher will be the license fee. Trade license behind issued shall be liable to twelve-monthly license press on unless surrendered, if the license encroachment is not deposited upon 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 ascetic and damp wastages. Trade license is legitimate for lifetime subject to once a year license press on payment and can be surrendered voluntarily by the applicant afterward the concern is discontinued. Department can order inspection of the premise used for matter any era during the license period. Trade License is one of the basic KYC requirement for starting a extra 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