Home |Goods and Service Tax (GST) | GST department has asked to submit Trade License and issued a notice while attending to the application submitted for registration. Is it necessary?

GST department has asked to submit Trade License and issued a notice while attending to the application submitted for registration. Is it necessary?

Shyamal Modi, Tax Advocate | Financial Advisor | Virtual CFO

Answered on January 25,2022

Every business has to apply for a trade license or gumasta license as it may be called, within 30 days of commencement of business.

If you have just started your business, then it is not mandatory for GST registration. But if you were already doing business earlier and now you are applying for a GST number, then the GST officer may demand the same.

Hope this helps!

Feel free to contact me for any queries @ 9033377645

Regards.

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