Trade License in West Singhbhum is required by all person work any type of matter or trade in West Singhbhum. Under the ease of enactment business scheme government of Jharkhand has devised a 1 day hail system for Trade license in State. Under this plot 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 progress is charged yearly more than the Trade License issued, the quantum of license proceed depends on the Place of office. Larger the area higher will be the license fee. Trade license later issued shall be held responsible to twelve-monthly license take forward unless surrendered, if the license innovation is not deposited on 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 your hands on clearance from the Municipal Corporation for the use of plastic bags and other abstemious and wet wastages. Trade license is valid for lifetime subject to once a year license build up payment and can be surrendered voluntarily by the applicant gone the concern is discontinued. Department can order inspection of the premise used for business any grow old during the license period. Trade License is one of the basic KYC requirement for starting a other 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