Trade License in Nawada is required by every person play any type of concern or trade in Nawada. Under the ease of take steps business scheme government of Jharkhand has devised a 1 day commend system for Trade license in State. Under this scheme 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 press forward is charged yearly on zenith of the Trade License issued, the quantum of license move forward depends upon the Place of office. Larger the Place higher will be the license fee. Trade license subsequent to issued shall be answerable to once a year license build up unless surrendered, if the license go ahead 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 get clearance from the Municipal Corporation for the use of plastic bags and other temperate and damp wastages. Trade license is genuine for lifetime subject to once a year license improvement payment and can be surrendered voluntarily by the applicant similar to the matter is discontinued. Department can order inspection of the premise used for business any period 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