Updated on December 17, 2024 03:44:37 PM
A General Trade License (GTL) is mandatory for any business that wishes to engage in business with other entities. The Central Licensing & Enforcement Cell (CL&EC) of the Municipal Corporation of Delhi (MCD) issues the trade license for malls under the provisions of Section 417 of the DMC Act-1957 (frequently amended) and Section 469, composition of offenses.
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. Businesses interested to apply for a MCD Trade License for Malls in Delhi can seek professional assistance from our team of experts at Professional Utilities. Our team assists the businesses to apply for the trade license for malls without any disparities.
Trade Certificate [Sample]
Entities who want to conduct business with other organizations to execute commercial activities with adherence to the law are required to obtain a General Trade License (GTL). An MCD Trade License for malls permits them to engage in sale, purchase or trade of commodities and services while complying with the legal framework. The Trade License for malls ensures that the businesses follow the set rules laid down by the MCD authorities so that consumers' can trust the business and the entities hold credibility.
Various types and categories of licenses are offered by the Central Licensing & Enforcement Cell (CL&EC) of the Municipal Corporation of Delhi (MCD) along with a trade license for malls. To obtain a trade license for malls, businesses must meet the standard regulations and requirements instituted by the MCD authorities.
The Trade License for Malls ensures that the businesses abide by the laws and regulations set forth by the MCD authority. Some of the benefits that businesses get with a trade license for malls are listed below.
Entities who want to conduct commercial activities must acquire a trade license for malls 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 malls.
Businesses may fill out their personal details in the application form.
The information about the gym's premises, description and category is to be filled for a Trade License for Malls.
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 general trade license is to be paid by the candidates.
Once the above listed steps are completed, candidates can download the Trade License for Malls through their dashboard by logging in.
The required documents that the businesses would need to submit to get a Trade License for Malls are listed below.
The fees charged by the government for a Trade License for Malls is tabulated below 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 Malls is Rs 7500 exclusive of GST.
Learn about the penalties that the business who do not possess a trade license for malls, or disobey the set rules or continue to trade with an outdated trade license for malls may face:
Malls can engage in monetary activities with compliance to the legal framework and deal with other businesses by obtaining a trade license for malls. Malls must have a trade license in order to maintain their credibility and customers can trust the businesses. The MCD Trade License ensures that businesses operate with adherence to the law prior to conducting any financial activities, including trading, buying, or selling of commodities and services. The trading license for malls is to be renewed after its validity of three-year has run out.
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.
A General Trade License (GTL) for malls permits businesses to legally engage in commercial activities such as the sale, purchase, or trade of goods and services. The MCD trade license for malls ensures compliance with the legal framework set by the MCD authority.
Yes, businesses are required to get a trade license for malls in Nehru Place, Connaught Place, Khan Market, Defence Colony, South Extension, Vasant Vihar, Greater Kailash, Saket, South Delhi and more places in Delhi.
Yes, the MCD authorities can revoke or suspend a trade license for malls if the business is found violating the set guidelines or causing disturbances in the immediate zone.
Businesses operating without a valid trade license for malls might face appropriate legal actions under certain circumstances, and face imposition of fines, penalties, or potentially permanent closure.
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