{"id":51530,"date":"2022-12-29T14:32:03","date_gmt":"2022-12-29T09:02:03","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=51530"},"modified":"2022-12-29T14:33:02","modified_gmt":"2022-12-29T09:03:02","slug":"apply-hassle-free-gumasta-license-in-maharastra","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/apply-hassle-free-gumasta-license-in-maharastra\/","title":{"rendered":"Gumasta License: Know All About it"},"content":{"rendered":"\n<p>A Gumasta\nlicense is a mandatory permit for businesses and trades operating or about to\ncommence operation in Maharastra. The license falls under the state-based\nlegislation called the Shops and Establishment Act. The licensing procedure, paperwork,\nand post compliances of the Gumasta license differ state-wise. The Municipal\nCorporation of Mumbai grants this license against the prescribed application\nand fee. Let\u2019s dive into the legalities of this license and explore the process\nof obtaining the same. <\/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\/apply-hassle-free-gumasta-license-in-maharastra\/#What_is_a_Gumasta_License\" >What is a Gumasta License?<\/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\/apply-hassle-free-gumasta-license-in-maharastra\/#Advantages_of_Applying_for_a_Gumasta_License\" >Advantages of\nApplying for a Gumasta License<\/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\/apply-hassle-free-gumasta-license-in-maharastra\/#Mandatory_Documents_for_Gumasta_License\" >Mandatory Documents for\nGumasta License<\/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\/apply-hassle-free-gumasta-license-in-maharastra\/#Steps_for_Securing_Gumasta_License_Online\" >Steps for Securing Gumasta License Online<\/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\/apply-hassle-free-gumasta-license-in-maharastra\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_a_Gumasta_License\"><\/span><strong>What is a Gumasta License? <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Gumasta\nLicense serves as a legal approval for operating any business or trade in\nMaharastra. Presently, it falls under the Maharashtra Shops and Establishment\nAct and is granted by the Municipal Corporation of Mumbai. Every business or\ntrade (regardless of its legal structure and scope of operation) needs to\nsecure this license. Without a Gumastaa license, it would be difficult for any\nbusiness to open a current bank account or secure GST registration. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Advantages_of_Applying_for_a_Gumasta_License\"><\/span><strong>Advantages of\nApplying for a Gumasta License<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Being\nregistered under a Shop and Establishment Act of Maharastra make your business\nentitled to the following benefits:<\/p>\n\n\n\n<ul><li>After securing a Gumasta license, your will become entitled to several benefits and <strong>tax exemptions<\/strong><sup><a class=\"text-primary\" href=\"https:\/\/en.wikipedia.org\/wiki\/Tax_exemption\"><strong>[1]<\/strong><\/a><\/sup>.<\/li><li>Gumasta license serves as prime facia evidence that bolsters the legal existence of your business. <\/li><li>Any business after securing the Gusmata license becomes eligible to open a current bank account in any designated bank. <\/li><li>Businesses with this license can rejoice the better credibility over time. <\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Mandatory_Documents_for_Gumasta_License\"><\/span><strong>Mandatory Documents for\nGumasta License<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Following\nare the documents required to apply for a Gumasta license <\/p>\n\n\n\n<table class=\"wp-block-table table table-bordered\"><tbody><tr><td>\n  <strong>General\/Sole Proprietorship<\/strong>\n  <\/td><td>\n  <strong>Partnership<\/strong>\n  <\/td><td>\n  <strong>Private Company<\/strong>\n  <\/td><\/tr><tr><td>\n  PAN card\/Aadhar\n  card\/photo\n  <\/td><td>\n  Partnership Deed\n  <\/td><td>\n  MoA and AoA\n  <\/td><\/tr><tr><td>\n  Address proof in the\n  form of utility bill\n  <\/td><td>\n  Partnership Firm\u2019s\n  Pan\n  <\/td><td>\n  Certificate of\n  Incorporation (COI)\n  <\/td><\/tr><tr><td>\n  Application Letter in\n  the format recommended by the authority\n  <\/td><td>\n  Partner\u2019s ID proof \u2013\n  Address &amp; Identity\n  <\/td><td>\n  Company Director\u2019s\n  Identification proof \u2013 Address &amp; Identity\n  <\/td><\/tr><tr><td>\n  Authority letter for\n  business\n  <\/td><td>\n  Prescribed Fees for a\n  partnership Firm\n  <\/td><td>\n  \u2013\n  <\/td><\/tr><tr><td>\n  Proof of ownership of\n  Property\n  <\/td><td>\n  \u2013\n  <\/td><td>\n  \u2013\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Steps_for_Securing_Gumasta_License_Online\"><\/span><strong>Steps for Securing Gumasta License Online <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Visit the licensing portal of the local urban\nbody<\/li><li>Next, create a new account on the portal <\/li><li>After the account creation, login to the portal\nagain. <\/li><li>Explore the tab called \u2018Shops and Establishment\nRegistration\u2019 for exploring the \u2018Registration Form A\u2019 option. <\/li><li>Next, fill in the required detail in the \u2018Registration\nForm A\u2019, upload mandatory documentation, and submit the fee<\/li><li>Once the e-form gets approved, the authority\nwill share the registration certificate on the applicant\u2019s email ID. Also, one\ncopy of the Gumasta license shall remain available on the portal for download. <\/li><\/ul>\n\n\n\n<p><strong><em>Note:\nApplicant must share the Registration certificate with the Area inspector\nwithin a month of commencing the business.<\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A Gumasta license is legal approval for operating any trade or <strong><a class=\"text-primary\" href=\"https:\/\/corpbiz.io\/company-registration-in-maharashtra\">business in Maharastra<\/a><\/strong>.&nbsp; Those who skip this mandatory requirement sooner or later shall be penalized by the governing authority. Therefore, the timely obtainment of this license is an absolute necessity for emerging businesses. <\/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\/procedure-of-shop-and-establishment-license-step-by-step-guide\/\">Know The Procedure For Availing Shop And Establishment License<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Gumasta license is a mandatory permit for businesses and trades operating or about to commence operation in Maharastra. The license falls under the state-based legislation called the Shops and Establishment Act. The licensing procedure, paperwork, and post compliances of the Gumasta license differ state-wise. The Municipal Corporation of Mumbai grants this license against the [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":51531,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1,232],"tags":[2988],"acf":{"service_id":"251"},"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":3845,"readingTime":2,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/51530"}],"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=51530"}],"version-history":[{"count":3,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/51530\/revisions"}],"predecessor-version":[{"id":51534,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/51530\/revisions\/51534"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/51531"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=51530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=51530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=51530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}