Trade License in Punaichak is required by all person perform any type of business or trade in Punaichak. Under the ease of perform business Plan government of Jharkhand has devised a 1 day compliments system for Trade license in State. Under this Plan 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 further is charged yearly higher than the Trade License issued, the quantum of license move ahead depends upon the Place of office. Larger the area higher will be the license fee. Trade license as soon as issued shall be responsible to twelve-monthly license improvement unless surrendered, if the license progress 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 obtain clearance from the Municipal Corporation for the use of plastic bags and other ascetic and damp wastages. Trade license is valid for lifetime subject to yearly license further payment and can be surrendered voluntarily by the applicant afterward the situation is discontinued. Department can order inspection of the premise used for event any era during the license period. Trade License is one of the basic KYC requirement for starting a additional 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