Online Trade License in India
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Trademark Registration in India Online: Process, Fees, Documents
A Trade License in India is an essential legal document that allows businesses to conduct trade/business activities legally while maintaining safety standards. Local municipal authorities issue the Trade License in India under the Municipal Corporation Act of each state, after verification of required business details. A Trade License in India is mandatory for sectors like retail, manufacturing, hospitality, and food industry to protect consumer health and safety. The Trade License process evaluates business type, location, and compliance with regulations, making it essential for legitimacy. Businesses can apply for trade license via online portals of respective states and municipalities.
We, at Professional Utilities, offer our expert assistance and guidance to businesses and simplify the trade license application process while ensuring convenience and timely approvals. Businesses can get a Health Trade License in Delhi, Kolkata, Haryana, Bangalore, Mumbai, Gujarat, Goa, Chennai, Pune, Hyderabad, Uttar Pradesh, Rajasthan, Tamil Nadu, Maharashtra, and other cities and states in India with our expert consultants.
Table of Content
What is a Trade License
A Trade License in India permits the businesses to execute monetary activities or engage in deals with other business owners in accordance with the legal framework. The Trade License allows businesses to legally sell or purchase or trade commodities and services. The Trade License ensures that the businesses abide by specific guidelines set by the authority and law as per the customer trust and credibility. There are various types of Trade Licenses for different categories that can be acquired from the local municipalities of a state. Businesses must meet the minimum standards and required regulations set by the municipal authorities to be granted the Trade License in India.
Benefits of a Trade License in India
The Trade License in India ensures that the businesses obey the laws and regulations set by the municipal authorities. Some of the important benefits that businesses get with a Trade License are listed below.
Credibility and Trust: The Trade License in India for businesses is important to assure credibility and consumer trust in the market.
Compliance by Businesses: The businesses with a Trade License in India must comply with the set regulations to conduct business smoothly.
Avoid Penalties: Businesses who have a Trade License in India avoid unnecessary penalties and legal consequences.
Enhanced Brand Image: Businesses with a Trade License in India have a positive brand image and stand out amongst competitors.
Apply for Online Trade License in India
Entities who wish to apply for a Trade License in India may fill out the application form on the official website of the municipal corporation of the respective state with all the mandatory and specified details.
Logo or brand name
Signed power of attorney
Copy of GST and MSME certificate (optional)
Registration certificate of the Entity (optional)
Affidavit with supporting documents (only for prior usage)
Candidates have to fill out their personal details in the application form.
The information about trade’s premises, description and category is to be filled for Trade License.
The candidates are required to provide details about property, unit area, address of unit and more.
The application form mandates information about establishment, type of constitution, and partner’s list.
Candidates may upload the required and specified documents as per the application form of Trade License.
The application fee of the Trade License is to be paid by the candidates.
Documents Required for Trade License in India
The required documents that the businesses would need to submit to get a trade license are listed below:
Identity proof (with photograph) such as Aadhar card/ voter ID/ PAN card/ valid Indian passport/ permanent driving license, bank passbook with photograph and signature.
Photograph of the establishment from the front, including commodities that are traded from the premises or the business being executed from the premises.
Proof of legal occupancy of the establishment or allotment letter of government agency/ tenancy proof/ electricity/ water connection bill/ landline telephone bill/ lease deed/ sale deed/ GPA.
Fees for Trade License in India
Tabulated below is the Trade License fee charged by the government of India. It is categorized as per the localities and infrastructure size of the premises. The trade license fees start from ₹1323 for up to 10 square meters.
| Locality | ≤10 sqm | 10–20 sqm | 21–400 sqm | >400 sqm |
|---|---|---|---|---|
| A, B | ₹3,968 | ₹9,919 | ₹166/sqm | ₹83/sqm |
| C, D | ₹2,645 | ₹6,613 | ₹132/sqm | ₹66/sqm |
| E, F, G, H | ₹1,323 | ₹3,306 | ₹99/sqm | ₹50/sqm |
Penalties for Non-Compliance of Trade License in India
Learn about the penalties that the business who do not possess a Trade License in India, or disobey the set rules or continue to trade with an outdated Trade License in India may face:
Any business that starts to operate without a Trade License in India could be fined and penalized as punishment. It may also lead to the decrease in sales of business and permanent closure.
Any disturbance in the immediate zone would be considered as a violation of the provisions of a Trade License in India and lead to cancellation or suspension.
If a business violates the terms of the Trade License in India then they will face a penalty by the municipal authorities.
Fifty percent of the licensing cost will be charged by the municipal authorities if any businesses fail to renew their Trade License in India on time.
The business with a Trade License in India may face appropriate legal action under some circumstances.
Conclusion
A Trade License in India provides the permission to the businesses to engage in commercial activities or deals with other businesses with adherence to the legal framework. The Trade License in India is important to ensure that the consumers can trust the business and the entities hold credibility.
Trade License in India holds the responsibility for observing the businesses, to assure the legal obligations prior to executing business of sale and purchase or trade of commodities and services. The Trade License in India has a validity of three years from the date of issuance and can be renewed later on.