{"id":42452,"date":"2022-04-21T11:23:08","date_gmt":"2022-04-21T05:53:08","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=42452"},"modified":"2022-04-21T11:23:10","modified_gmt":"2022-04-21T05:53:10","slug":"trade-license-in-maharashtra-definition-document-and-norms","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/trade-license-in-maharashtra-definition-document-and-norms\/","title":{"rendered":"Trade License in Maharashtra: Definition, Document, and Norms"},"content":{"rendered":"\n<p class=\"has-drop-cap\">A trade\nlicense refers to a legal document that is mandatory for commencing any trade\nor business in a given region or a location. Businesses present within the\nstate or municipality should get this license from the concerned department of\nthe respective Municipal Corporation. Since a trade license is granted on a\nstate-wise basis, it is important for the applicants to have a general\ncomprehension of the applicable acts. The trade license in Maharashtra should\nbe secured within thirty days of commencing the business activities. Please\nnote that the commissioner of the respective municipal corporation has the authority\nto grant such a license.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/trade-license-in-maharashtra-definition-document-and-norms\/#Eligibility_Norms_around_Trade_License_in_Maharashtra\" >Eligibility Norms around Trade\nLicense in Maharashtra<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/trade-license-in-maharashtra-definition-document-and-norms\/#Documentations_required_for_trade_license_in_Maharashtra\" >Documentations required for\ntrade license in Maharashtra<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/trade-license-in-maharashtra-definition-document-and-norms\/#Which_authority_has_the_right_to_confer_a_trade_license_in_Maharashtra\" >Which authority has the right\nto confer a trade license in Maharashtra?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/trade-license-in-maharashtra-definition-document-and-norms\/#What_is_the_procedure_for_securing_a_Trade_license_in_Maharashtra\" >What is the procedure for\nsecuring a Trade license in Maharashtra?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/trade-license-in-maharashtra-definition-document-and-norms\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Eligibility_Norms_around_Trade_License_in_Maharashtra\"><\/span>Eligibility Norms around Trade\nLicense in Maharashtra<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>The\napplicant should have a clear track record from the legal standpoint<\/li><li>The\napplicant should not be minor<\/li><li>The proposed business type should have legal\nsignificance and is allowable under governing law.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documentations_required_for_trade_license_in_Maharashtra\"><\/span>Documentations required for\ntrade license in Maharashtra<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>An application relating to the <strong><a class=\"text-primary\" href=\"https:\/\/corpbiz.io\/trade-license\">Trade License<\/a>\n<\/strong> can be filed online on the municipal corporation portal along with the following documents;<\/p>\n\n\n\n<ul><li>Applicant&#8217;s Pan card and Aadhar<\/li><li>Incorporation certificate in case the entity is registered under the <strong>Companies Act, 2013<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Companies_Act_2013\"><strong>[1]<\/strong><\/a><\/sup>\n<\/strong><\/li><li>The municipality property tax receipts (latest ones)<\/li><li>Consent letters or Lease documents from the property&#8217;s owner<\/li><li>NOC from the immediate neighbour<\/li><li>A certified layout plan of the business place<\/li><li><strong><em>Khata extracts and Khata Certificate*<\/em><\/strong><\/li><li>Tenancy certificate.<\/li><\/ul>\n\n\n\n<p><strong><em>What\nare Khata extracts and Khata Certificate*?<\/em><\/strong><\/p>\n\n\n\n<p>In\nlegal parlance, Khata refers to an account. In the real-estate regime, the term\nKhata is referred to an account of the property owner. Khata Certificate and\nKhata Extract are the legal documents issued by the state&#8217;s municipal\ncorporation to the property&#8217;s owner to access the taxes indebted by the owner.\nThese documents play a pivotal role during the sale and registration of a\nproperty. A Khata is primarily used by property owners\/holders located within\nthe jurisdiction of respective municipal corporations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Which_authority_has_the_right_to_confer_a_trade_license_in_Maharashtra\"><\/span>Which authority has the right\nto confer a trade license in Maharashtra?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The\ntrade license in Maharashtra is accorded by the various departments under the\nmunicipal corporation like engineering, health, industries etc. The conditions\nfor the grant of the license vary state-wise. The authority concerned shall\nlevy the underlying penalties if any unregistered premises are found guilty of\ncommencing trade activities without a valid trade license.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_procedure_for_securing_a_Trade_license_in_Maharashtra\"><\/span>What is the procedure for\nsecuring a Trade license in Maharashtra?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>1. Visit the web-based portal of the <strong>Municipal Corporation<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Municipal_corporation\"><strong>[1]<\/strong><\/a><\/sup>\n<\/strong> or gram panchayat of the concentred state. <\/p>\n\n\n\n<p>2. Select\nthe respective division names via tabs to reach out for another page. Here fill\nout the name of the region for which the particulars are required. The user\nshall get access to the portal for the desired place. From the given webpage,\nselect the &#8220;Contact&#8221; menu<\/p>\n\n\n\n<p>3.\nVisit the respective office.<\/p>\n\n\n\n<p>4. Have\ncontact with the concerned authority at the licensing department of the\nMunicipality office. <\/p>\n\n\n\n<p>5. Meet\nthe concerned department at the licensing department functional under the\nMunicipal Corporation \/ Municipality office.<\/p>\n\n\n\n<p>6.\nApplicant shall be guided by the authority on matters related to applicability\nand process of license<\/p>\n\n\n\n<p>7.\nCollect the prescribed form or write on a plain A4 paper<\/p>\n\n\n\n<p>8.\nFurnish the duly filled form along with the required documentation<\/p>\n\n\n\n<p>9. Authorities\nwill vet these paper works and announces the fees.<\/p>\n\n\n\n<p>10. Pay\nthe requested fees and get the receipt.<\/p>\n\n\n\n<p>11.\nThis application shall be shared with the respective authority of the zone for\nfield vetting of the site.<\/p>\n\n\n\n<p>12.\nPost vetting, the authority shall furnish a verification report to the trade\nlicense committee.<\/p>\n\n\n\n<p>13. If\nthe trade license committee identifies no issue on the compliance part,\nauthorities shall grant an order to submit the application fee.<\/p>\n\n\n\n<p>14.\nApplicant shall submit the applicable fee<\/p>\n\n\n\n<p>15. After\nthese steps, the applicant receives notification from the concerned department.\nPlease comply with the directions enclosed therein to get the license.<\/p>\n\n\n\n<p>16. If\nthe said committee finds any discrepancy on the applicant&#8217;s part in meeting the\ncompliance, the application shall be rejected.<\/p>\n\n\n\n<p><strong><em>Note:<\/em><\/strong><\/p>\n\n\n\n<p>1. It\nis advisable to furnish an additional set of copies of the documentation and\nget counter signed while applying with licensing department.<\/p>\n\n\n\n<p>2.\nVisit the nearest business in your locality and ask them about any latest\nupdate requirements.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Businesses\nshould not overlook the significance of a trade license in Maharashtra. Without\nit, they may expose to severe penalties. Aligning with stipulated norms of\ntrade license shall allow the licensee to garner better credibility over time.\nDespite being a mandate, a Trade license provides businesses with various\nbenefits, including greater market exposure, enhanced credibility, and more\nclients.<\/p>\n\n\n\n <p class=\"text-left\"><b>Read our Article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/how-to-apply-trade-license-online-india\/\">Step By Step Guide For How to Apply Trade License Online\n<\/a><\/mark><\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>A trade license refers to a legal document that is mandatory for commencing any trade or business in a given region or a location. Businesses present within the state or municipality should get this license from the concerned department of the respective Municipal Corporation. Since a trade license is granted on a state-wise basis, it [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":42461,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[232],"tags":[2281],"acf":{"service_id":"89"},"authorName":"Pankaj Tyagi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/MicrosoftTeams-image-42.jpg","authorDescription":"Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.","postViews":13272,"readingTime":3,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/42452"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=42452"}],"version-history":[{"count":11,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/42452\/revisions"}],"predecessor-version":[{"id":42464,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/42452\/revisions\/42464"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/42461"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=42452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=42452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=42452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}