Trade License in Bokaro is required by every person pretense any type of business or trade in Bokaro. Under the ease of play-act business Plan government of Jharkhand has devised a 1 day approval 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 progress is charged yearly higher than the Trade License issued, the quantum of license enhancement depends on the area of office. Larger the area higher will be the license fee. Trade license considering issued shall be liable to yearly license move ahead unless surrendered, if the license forward movement is not deposited on 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 temperate and wet wastages. Trade license is valid for lifetime subject to yearly license move ahead payment and can be surrendered voluntarily by the applicant later the matter is discontinued. Department can order inspection of the premise used for thing any times 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