Is Gumasta license valid in India?
Gumasta license or Shops and Establishment Act license is required for commercial establishments operating in India. Gumasta license is also known as Shops and Establishment Act license.
What is the cost of Gumasta license in Mumbai?
Online Process for Gumasta License documents required fees under Shop & Establishment Act 1948.
Sr. No | Category of Establishment | Annual Fees (including TRC) |
---|---|---|
(1) | (2) | (3) (Rupees) |
1 | Shops & Establishment having no employees. | 680 |
2 | Establishment having 1 to 5 employees | 1640 |
3 | Establishment having 6 to 10 employees | 3080 |
What is the difference between Udyog aadhar and shop act?
License obtained under the State Shop Establishment Act specifies general rules, regulations and duties of all business shops and establishments towards there employees and the provisions therein, while the Udyog Aadhaar Memorandum as applied under MSMED Act guides for statutory formation and recognition of MSME …
Is Gumasta and MSME same?
Gumasta License is also the same as Shop act license but its terms used in the Maharashtra or Gujarat state. In the west Bengal state, it’s used as Trade License. Similarly there is separate department of the govt i.e is called MSME for the small and medium business.
How can I get Gumasta license in Mumbai?
For registration procedure visit the Municipal Corporation of Mumbai website – Click here to register Gumasta license. Duly fill and submit the form under Shops and Establishment section….Partnership:
- Partnership Deed.
- Partnership Firm’s Pan.
- Partner’s ID proof – Address and Identity.
- Prescribed Fees for a partnership Firm.
How to apply for a Gumasta license?
If you are looking to apply for a Gumasta license, then you would need to submit all the documents as specified by the authorities. Here is the list of documents that you will need:
What are the penalties for not getting Gumasta license?
Businesses that fail to obtain or avoid to get Gumasta license are liable to heavy penalties (Approx. Rs. 1 lakh & Additional Fee of Rs. 2000/day). However, for repeated lawbreakers the penalty charge may extend up to Rs. 2 lakh. If an applicant or existing certificate holder wants to cancel the license, he/she shall –
Can I start a bank without a Gumasta license?
You can also start a bank, but again, Gumasta license is a must, and additionally, you would also need permission issued by RBI stating that you are authorized to operate as a Bank. Moreover, a cooperative society would require a copy of the registration.
How to start a Gumasta business in Mumbai?
To start any type of business in Maharashtra, entrepreneurs require Gumasta License. This license is governed by Municipal Corporation of Mumbai under the Maharashtra Shops and Establishment Act, 2017.