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Types of Trade Licenses
Type A
For all Food Serving business need this type of license
Type B
Manufacturing and processing units where electrical power and machines are used
Type C
High risk activities such as firework manufacturing and timber wood units
Trade license is a way to regulate specific business from a particular locality. It is issued by State Government. A trade license is a permission to carry on a specific trade or business at the premises for which it has been issues
Frequently Asked Questions
Trade license is a certificate that permits a trader to start his business in a particular area/location. This license does not pass on the ownership of any property to the holder.
Each and every trader who involved in general trading activities with in the national limits of any municipal corporation is needed to get a trade license. The class of trade license varies from state to state and is based the nature of the business.
Trade license is issues by the municipal office at a particular location in a city/village of a state. They are the prime owners of issuing such certificate.
The trade license typically costs around INR 4999 + taxes.
It takes around 8 to 10 works days to get your trade license.
As per the act it is mandate for each and every trader to get his trade license without trade license running a business is an offence. The authorities may seize your business if your if you do have one.