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How long does it take to get Gumasta license?

How long does it take to get Gumasta license?

about 10 to 15 days
How much time will it take to acquire the Gumasta License finally? Coming to the biggest concern, it usually takes about 10 to 15 days after the submission of the Gumasta application.

How much it cost for Gumasta license in Mumbai?

Gumasta License – Get Shop Act Registration Online @ Rs 999.

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:

  1. Partnership Deed.
  2. Partnership Firm’s Pan.
  3. Partner’s ID proof – Address and Identity.
  4. Prescribed Fees for a partnership Firm.
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Is Gumasta license compulsory in Mumbai?

Gumasta License is mandatory for every citizen who wants to open a new shop or a commercial establishment in the state of Maharashtra. Any citizen or company or employer who employs more than twenty employees is required to obtain Gumasta License.

Is Gumasta license mandatory in Maharashtra?

Gumasta License is a mandatory registration required for doing any kind of business in the state of Maharashtra. Gumasta license is the license obtained under the Shops and Establishment Act of Maharashtra.

Why is Gumasta needed?

It is proof of a legal entity that a certain person owns the right to conduct a business. Having a Gumasta license also offers the owner of the shop access to various tax subsidies of the government. The banks demand Gumasta license as identity proof for opening a bank account from people wanting to start a business.

Who is a Gumasta?

Gomastha (also spelled Gumastha or Gumasta, Persian: agent) described an Indian agent of the British East India Company employed in the Company’s colonies, to sign bonds, usually compellingly, by local weavers and artisans to deliver goods to the Company. The prices of the goods were fixed by the gomasthas.

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How can I get Gumasta license in Maharashtra?

Procedure for Online Application

  1. Log on to the web site www.lms.mahaonline.gov.in.
  2. Select the registering procedure as individual or organization.
  3. Provide your mobile number and email and complete the OTP verification and obtain portal access.
  4. Enter your login and password and login for services.

What is a Gumasta license in Mumbai?

Gumasta License is the License required to start any kind of business in Mumbai or Maharashtra. The Municipal Corporation of Greater Mumbai (MCGM) issue that license. Gumasta License is the local name for the shop and establishment license. This license will give you legal recognition which can be used to avail any government scheme.

What is the validity of the taggumasta license in Maharashtra?

Gumasta license to be used by people of Maharashtra is issued only once and the validity of this certificate or license is for the lifetime. However, the license fees and charges may vary from state to state and also shall depend on the Government’s policies, guidelines and procedures.

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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 –

Why do you need a license to open a shop in Mumbai?

Gumasta license is a legal obligation governed by Municipal Corporation of Greater Mumbai, under the Maharashtra Shops and Establishment act. It gives you the authority to do your business using a shop or business place. This license is mandatory for all – whether you’re a small trading business or a service provider!