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How to start a gold business in Kerala ?

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Citizen Helpdesk, Curated Answers from Government Sources
Answered on July 09,2021

Approvals:

  1. BIS License For Selling Hallmark Jewelry
  2. Corporate Licence For Jewelry Store
  3. Import Export Code
  4. Permanent Account Number Or PAN
  5. Registration under Shops and Establishments Act from Labour
  6. Registration under Goods and Service Tax (GST)
  7. Trade Licence from LSGD

Note:

  1. If the project cost falls below INR 15 Cr, request the proponent to get in touch with District Industries Center or if the project cost exceeds INR 15 Cr, request the proponent to get in touch with KSIDC.

  2. List of approvals provided above is based on the limited information provided by the proponent. This might vary from case to case depending upon the project specifications.

  3. Approvals from Central and State Government Departments/Agencies are required for starting and running an enterprise in the state. To know the approvals required for a specific project kindly fill up the questionnaire in the below link to know the approvals required for a particular project. This is an automated investor wizard which helps to identify the approvals. Investment Wizard

  4. To know more about individual approvals kindly view the standard operating procedures published in the below link: Investor Query

  5. For MSME’s, the Government of Kerala has enacted “The Kerala Micro Small Medium Enterprises Facilitation Act, 2019” for establishing a trusted environment between the Government and Entrepreneurs. The legislation exempts all MSME projects not falling under red category from licenses, approvals, permits, etc. under various State legislations for the first three years. The workflow for MSME automated approvals is also integrated into KSWIFT. Link: KSwift

Source: This answer is provided by Kerala State Industrial Development Corporation.

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