Trade License in Bhadaur is required by all person perform any type of concern or trade in Bhadaur. Under the ease of function business scheme government of Jharkhand has devised a 1 day compliments system for Trade license in State. Under this scheme 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 enhancement is charged yearly beyond the Trade License issued, the quantum of license take forward depends upon the area of office. Larger the Place higher will be the license fee. Trade license later issued shall be held responsible to yearly license enhance unless surrendered, if the license money in the works front 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 buy clearance from the Municipal Corporation for the use of plastic bags and other temperate and wet wastages. Trade license is valid for lifetime subject to yearly license spread payment and can be surrendered voluntarily by the applicant in the same way as the issue is discontinued. Department can order inspection of the premise used for issue any time during the license period. Trade License is one of the basic KYC requirement for starting a supplementary 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