Updated on December 17, 2024 03:44:37 PM
A business can legally execute transactional activities and carry out deals with other entities once they have acquired a General Trade License (GTL). A trade license for private schools is issued by the Central Licensing & Enforcement Cell (CL&EC) of the Municipal Corporation of Delhi (MCD) with adherence to Section 417 of the DMC Act-1957 (amended frequently) and composition of offenses u/s 469.
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 looking to apply for a General Trade License (GTL) to operate private schools can initiate the online process with assistance from Professional Utilities. Our team of experts guides the clients to acquire a trade license for private schools with convenience.
Trade Certificate [Sample]
A General Trade License (GTL) allows the entities to execute commercial activities and engage in deals with other entities with accordance to the legal framework. The General Trade License (GTL) enables the businesses to sell or purchase or trade commodities and services with adherence to the law. The Trade License for private schools ensures that the businesses obey the guidelines set by the authority and law to ensure consumer trust and credibility. Other than a trade license for private schools, the Central Licensing & Enforcement Cell (CL&EC) of the Municipal Corporation of Delhi (MCD) also issues licenses for different categories. Entities must fulfill the required criteria and regulations of the authorities for a trade license for private schools.
The Trade License for private schools is to assure that the businesses abide by the laws and regulations set by the MCD. Some of the benefits that private schools with a trade license for private schools get are mentioned below.
Businesses that want to apply for a trade license for private schools may fill out the application form on the MCD official website with all the necessary and specified details for the trade license for private schools.
Businesses may fill out their personal details in the application form.
The information about the premises, description and category is to be filled for a trade license for private schools.
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.
After completing the above mentioned steps, candidates can download the trade license for private schools through their dashboard.
The required documents that the businesses would need to submit to get a trade license for private schools are listed below.
The table below displays the fee that is charged by the government for a trade license for private schools 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 centeens is Rs 7500 exclusive of GST.
Learn about the penalties that the business who do not possess a trade license for private schools, or disobey the set rules or continue to trade with an outdated trade license for private schools may face:
Any business with a Trade license for private schools has the right to conduct business with other entities and engage in transactional activities by the law. The Trade License for private schools ensures that the entities are credible and consumers can trust the business. The MCD Trade License for private schools holds the responsibility to look over the businesses and ensure legal compliance prior to engaging in monetary operations including sale, purchase, or trade of goods and services. The trade license of private schools is required to be renewed after its validity of three years from the issuance date has expired to avoid 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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A Trade License for private schools permits them to legally sell or purchase or trade commodities and services. The Trade License for private schools is to ensure that the businesses obey the specific guidelines laid down by the authority and law to assure trust and credibility for the consumers.
The trade license for private schools will be invalid 3 years after its issuance date and is needed to be renewed to continue the business without imposition of penalties and legal consequences by MCD.
Firstly, you have to fill out the prescribed application form with all the required and specified details and upload the necessary documents, then pay the fees of the trade license for private schools and submit the application, after that the MCD will issue a trade license for private schools.
Yes, businesses are required to get a trade license for private schools in Nehru Place, Connaught Place, Khan Market, Defence Colony, South Extension, Vasant Vihar, Greater Kailash, Saket, South Delhi and more places in Delhi.
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