We are a Pharma Company in Telangana. We obtained a Factories License from the Department of Factories. The Local Municipality authorities have informed our company to obtain a Trade License. Please clarify whether a Trade License is mandatory despite having a Factories License? Please guide me through this.
From India, Hyderabad
Acknowledge(0)
Amend(0)
From India, Hyderabad
Acknowledge(0)Amend(0)
If you are manufacturing a product and running a factory for manufacturing purposes, you may require permission from the Inspectorate of Factories in the form of a license, which is called a Factory license.
A trade license is a document/certificate that grants permission to the applicant (the person seeking to open a business) to start a specific trade or business in a particular area/location. However, the license does not permit the holder to engage in any other trade or business apart from the one for which it was issued.
From India, Aizawl
Acknowledge(0)Amend(0)
699A trade license is a document/certificate that grants permission to the applicant (the person seeking to open a business) to start a specific trade or business in a particular area/location. However, the license does not permit the holder to engage in any other trade or business apart from the one for which it was issued.
From India, Aizawl
Acknowledge(0)Amend(0)
Dear Mr. Nair Sir, Thank you for educating me on this. So, is it mandatory to take a trade license? I already have Factory License.
From India, Hyderabad
Acknowledge(0)Amend(0)
From India, Hyderabad
Acknowledge(0)Amend(0)
You may obtain information, if need be under RTI Act, as to the law under which the licence is required.
From India, Kochi
Acknowledge(0)Amend(0)
From India, Kochi
Acknowledge(0)Amend(0)
Trade license is the primary document used to identify any establishment by name and address. It is issued by the local municipal body in urban areas and by the panchayat in rural areas. This tax is collected by the municipal body for the use of premises for commercial purposes and disposal of waste from such establishments. All establishments engaged in any type of commercial activity must obtain a trade license, as it serves as the primary proof of the existence of the establishment.
On the other hand, a factory license is required for establishments where 10 or more persons work in a location where electrical power is utilized. Not all trade license holders may have a factory license, but all factory license owners must obtain a trade license.
Acknowledge(0)Amend(0)
On the other hand, a factory license is required for establishments where 10 or more persons work in a location where electrical power is utilized. Not all trade license holders may have a factory license, but all factory license owners must obtain a trade license.
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.
Telangana MW calculations - Hotels - 01.04.2021 to 30.09.2021.pdf
Company Profile.ppt