Trade License in Madhepura is required by all person conduct yourself any type of situation or trade in Madhepura. Under the ease of take action business Plan government of Jharkhand has devised a 1 day applaud system for Trade license in State. Under this Plan 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 loan is charged yearly exceeding the Trade License issued, the quantum of license increase depends upon the area of office. Larger the Place higher will be the license fee. Trade license in imitation of issued shall be liable to once a year license increase unless surrendered, if the license loan is not deposited upon time an additional Good shall be charged form the license holder for the said period. For applying Trade license in Jharkhand the applicant is required to make a attain of clearance from the Municipal Corporation for the use of plastic bags and other dry and wet wastages. Trade license is true for lifetime subject to yearly license loan payment and can be surrendered voluntarily by the applicant in the look of the thing is discontinued. Department can order inspection of the premise used for issue any mature during the license period. Trade License is one of the basic KYC requirement for starting a new 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