A trade license is also a document/certificate that provides permission to the human (person seeking to open a business) to begin specific} trade or business in AN extremely particular area/location. However, the license doesn’t alter the holder to the opposite trade or business than for it’s issued. moreover, this license doesn’t expire any quite property possession to the holder of the license.
Why Trade License?
In the last forty years, trade license has been introduced inside the country and is being regulated through municipal corporation acts by the state governments. This helps in guaranteeing that no-one is severally plagued by the nuisance and danger of any trade or business.
It has been created necessary by the govt. to carry out any specific business or trade a specific area and to form positive that no-one is finishing any unethical business practices. This license creates a harmony inside the society that every business is following relevant rules, tips, and obeying the safety measures.
This license was created obligatory to make sure that the govt. can regulate varied trade activities inside the country.
The core objective of supply a this could be to manage the locations by proscribing the oldsters from penalization certain forms of businesses from their home location to stay up the business surroundings and neighborhood surroundings.
- Application Form 353;
- Form 354 (if motive power is used);
- Tax paid receipt & three copies of the blueprint (if anyplace is being provisioned for the aim of storing or commerce explosives, timber or different fuel, embrace a press release showing the boundaries and measurements of such place);
- Owner/ Neighbour consent letter;
- CTS extract (City Survey extract) & map.
At the direction of the Ward Health Officer, different documents are also needed. If this is often the case, then they need to be submitted at the side of the aforesaid documents for the winning application for trade license registration in Bharat.
Trade License Renewal
In India, the trade licenses area unit revived within the amount from January first to March thirty first. Applications for renewal of such licenses should be created a minimum of thirty days before the commencement of the year that renewal is sought-after. If you delay the renewal method, then you may attract a fine of fifty license fees. the subsequent documents got to be submitted for renewal of trade license –
- Original License copy;
- Previous year fees challans;
- Up to date tax paid receipt.
Denial of Application
If your application for a trade license is denied, then it is possible to appeal to the Standing Committee (Health) by petitioning them with a copy of the denial letter for them to consider the matter.
Legalraahi can assist in getting the registration done at minimum costs.