Updated on December 17, 2024 03:44:37 PM
A General Trade License (GTL) has been mandated for businesses to engage in deals with other entities. The Central Licensing & Enforcement Cell (CL&EC) of the Municipal Corporation of Delhi (MCD) is responsible to issue the trade license for factories in compliance with Section 417 of the DMC Act-1957 (which is subject to frequent amendments) and Section 469, which addresses the offense composition.
Businesses can get a trade license for Nehru Place, Connaught Place, Khan Market, Defence Colony, South Extension, Vasant Vihar, Greater Kailash, Saket, South Delhi and many more places to commit business. Entities can apply and acquire a Trade License for Factories can contact Professional Utilities. Our team of experts will help the businesses to easily and conveniently apply for an online trade license for factories.
Trade Certificate [Sample]
A General Trade License (GTL) for factories is a permit to execute monetary activities or engage in business with other entities with adherence to the legal framework. The General Trade License (GTL) is a permit for factories to participate in sell or purchase or trade commodities and services in accordance with the legal framework. The Trade License for factories ensures that the businesses abide by the specific guidelines to assure trust and credibility for the consumers set by the MCD authority. Apart from a trade license for factories, the Central Licensing & Enforcement Cell (CL&EC) of the Municipal Corporation of Delhi (MCD) also offers licenses for different categories. Businesses must meet the required criteria and standard regulations of the MCD authorities to be issued with a trade license for factories.
The Trade License for Factories ensures that the businesses obey the laws and regulations set by the MCD authority. Some of the benefits that businesses can redeem with a trade license for factories are listed below.
Entities who want to conduct monetary business must acquire a trade license for factories by filling out the application form on the official website of the MCD with all the mandatory and specific details for the trade license for factories.
Businesses may fill out their personal details in the application form.
The information about the factory's premises, description and category is to be filled for a trade license for hotels.
The businesses are required to provide details about property, unit area, address of unit and more.
The application form mandates information about establishment, type of constitution, and partner’s list.
Businesses may upload the required and specified documents as per the application form of general trade license.
The application fee of the MCD trade license is to be paid by the candidates.
Once the above listed steps are completed, candidates can download the Trade License for Hotels through their dashboard.
The required documents that the businesses would need to submit to get a trade license for factories are listed below.
The table below displays the fee that is charged by the government for a trade license for factories and it is categorized as per the localities and size of the infrastructure which will be premised for trades.
| Category | Up to 10 sqm | 10 to 20 sqm | 21 to 400 sqm | Above 400 sqm |
|---|---|---|---|---|
| A and B | Rs 3,968 | Rs 9,919 | Rs 166/sqm | Rs 83/sqm |
| C and D | Rs 2,645 | Rs 6,613 | Rs 132/sqm | Rs 66/sqm |
| E, F, G, and H | Rs 1,323 | Rs 3,306 | Rs 99/sqm | Rs 50/sqm |
Note: Professional Fees to apply for Trade License for factories is Rs 7500 exclusive of GST.
Learn about the penalties that the business who do not possess a trade license for factories, or disobey the set rules or continue to trade with an outdated trade license for factories may face:
A trade license for factories allows them to commit transactional operations with other businesses within the legal framework. A trade license for factories is important to ensure consumer trust and hold the entities credible. The MCD Trade License for factories ensures that the businesses comply with the law prior to conducting any financial transactions including sale, purchase, or trade of commodities and services. Once the three-year validity of the trade license for factories has expired it is to be renewed to avoid imposition of penalties.
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
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Yes, businesses are required to get a trade license for factories in Nehru Place, Connaught Place, Khan Market, Defence Colony, South Extension, Vasant Vihar, Greater Kailash, Saket, South Delhi and more places in Delhi.
You can apply for a Trade License for factories online through the official MCD website. Fill out the application form with the required personal, property, and establishment details, upload the necessary documents, and pay the application fee.
Any business that continues to operate without renewal of trade license for factories, will be imposed fines and penalties as punishment by the MCD authorities.
Identity proof such as Aadhar card, voter ID, PAN card, passport, driving license, Photograph of the establishment, Proof of legal occupancy such as tenancy proof, electricity/water bill, lease deed and more.
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