Trade License in Purnia is required by every person put on an act any type of event or trade in Purnia. Under the ease of deed business Plan government of Jharkhand has devised a 1 day acclamation 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 proceed is charged yearly over the Trade License issued, the quantum of license improve depends on the area of office. Larger the area higher will be the license fee. Trade license when issued shall be held responsible to twelve-monthly license move ahead unless surrendered, if the license move ahead 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 obtain clearance from the Municipal Corporation for the use of plastic bags and other sober and wet wastages. Trade license is true for lifetime subject to twelve-monthly license onslaught payment and can be surrendered voluntarily by the applicant in the same way as the situation is discontinued. Department can order inspection of the premise used for business 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