trade license registration procedure GSBTaxation.com

1. Trade License Registration

2. What is Trade License?  It is a license or permission it is issued by the municipal corporation granting permission to carry on a particular trade on a particular address. If anybody wants to plan start a business of your own and you have no idea to establish the business and what approval needed, firstly you have to look is that –whether you want to deal in goods or services and second thing is –what will be your place of business​. Controller of Trade License  Usually, The Trade license is controlled in the state by the state governments with the help of municipal corporations of the locality. In some states, it is compulsory whereas it is optional in other states. The amount of trade license is arranged various from one state to another state. The collection of amount is very different for trade license. In some cities it is charged as the yearly fees, it is charged on the basis of measurement of business turnover. Some state has released assured departments from receiving a trade license. Type of Trade License Type A: - Type A licenses are delivered for the business events interrelated to usable items and eating hubs. Type B: - Type B licenses are delivered for trades which makes use of locomotive supremacy. Like as a industries, flour mills, workshop etc. Type C: -This license is issued for dangerous actions such as firewood, charcoal etc. List of document required  PAN Card of company/proprietor/partnership/LLP. Aadhar card of directors/ partners/proprietor. In case of company MOA, AOA & COI is required. In case of partnership/ LLP partnership deed is required. Premises proof (rent agreement, electricity bill, NOC form landlord etc.) Cancelled cheque, Board of resolution Authorisation letter for all other partners Apply for Trade License