Trade License in Samastipur is required by all person discharge duty any type of concern or trade in Samastipur. Under the ease of piece of legislation business scheme government of Jharkhand has devised a 1 day approbation 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 forward movement is charged yearly more than the Trade License issued, the quantum of license increase depends on the area of office. Larger the area higher will be the license fee. Trade license subsequent to issued shall be blamed to yearly license improvement unless surrendered, if the license take forward 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 linkage of clearance from the Municipal Corporation for the use of plastic bags and other temperate and wet wastages. Trade license is legal for lifetime subject to yearly license forward movement payment and can be surrendered voluntarily by the applicant with the concern is discontinued. Department can order inspection of the premise used for event any period 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