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IdentityWhat is a Trade License?
Trading is an activity that involves the purchase, storage, and sale of general usage articles. But the activity of trading may also result in unwanted consequences such as garbage, noise, sanitation problems, etc. For this purpose, the municipal committees of each city have a set of guidelines and procedures to set up a trading business. This is called a Trade/Storage License. The trade/storage license means that a particular business is compliant with the rules and regulations of its respective municipality.
What is the procedure for Trade License Application?
The applicant is required to apply online, in case the Municipal Corporation has this facility, otherwise, a hard copy application in a prescribed format is to be submitted to the Municipal Authority. The Government is submitted and the documents uploaded or attached to the hard copy application. The concerned officer may inspect the premises where the business activity is taking place. After the queries issued by the inspector are suitably answered, the Trade License is issued. What is the cost of Trade License Application?
The Government fee for a new trade license application may range from Rs.500 to Rs.25,000, depending on the Municipal Corporation. Besides, if an agency is hired for this work, it may charge you. Metacorp charges Rs.10,000 to Rs.20,000 for the trade license.
