Trade License is a permission to carry on a business and
is mandatory in law for trading business.
Snapshot on Trade License
Trade License is issued by Municipal corporation which issues licenses in consultation with other specialized consultative departments like Fire Brigade, Health, Engineering, Estate and others of same type.
Trade License is a fundamental license which is very important for any business establishment before starting manufacturing, exchange or storage of any activity/commodity. Trade License is done through VyaparFormations.
Things to know on Trade License
Normally it takes 8 days to get Trade License and also it depends on state to state.
It is important to regulate the trade so that citizens are not adversely affected by health hazards.
Trade License is issued to ensure that the business is being carried in accordance with the relevant rules & safety guidelines.
The renewal period of issuing a license is 1st January to 31st March every year.
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