Trade License in Old Commissioner Compound is required by all person enactment any type of concern or trade in Old Commissioner Compound. Under the ease of put on an act business plot government of Jharkhand has devised a 1 day acclamation 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 exceeding the Trade License issued, the quantum of license proceed depends on the area of office. Larger the area higher will be the license fee. Trade license taking into consideration issued shall be liable to yearly license progress unless surrendered, if the license improvement 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 attain clearance from the Municipal Corporation for the use of plastic bags and other temperate and damp wastages. Trade license is authentic for lifetime subject to yearly license increase payment and can be surrendered voluntarily by the applicant similar to the concern is discontinued. Department can order inspection of the premise used for business any mature 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