Trade License in Bhagalpur is required by all person operate any type of situation or trade in Bhagalpur. Under the ease of affect 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 daylight 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 development is charged yearly higher than the Trade License issued, the quantum of license fee depends upon the area of office. Larger the Place higher will be the license fee. Trade license once issued shall be liable to twelve-monthly license expansion unless surrendered, if the license build up 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 come by clearance from the Municipal Corporation for the use of plastic bags and other abstemious and damp wastages. Trade license is authenticated for lifetime subject to yearly license improvement payment and can be surrendered voluntarily by the applicant like the event is discontinued. Department can order inspection of the premise used for business any epoch during the license period. Trade License is one of the basic KYC requirement for starting a new 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