Gumasta License is a registration required in Maharashtra to undertake any kind of business in the state, whether it involves some goods or services. The Municipal Corporation of Mumbai grants a certificate which allows a business to perform its activities legally in its shop or establishment.
Gumasta License gives recognition to a business before any Government or Bank for different purposes. For instance, once the business obtains a Gumasta license, it can avail certain tax subsidies from the Maharashtra Government, along with other business benefits.
Gumasta license is mandatory for all businesses in Maharashtra which have 10 or more employees in its shop or establishment. A business that fails to obtain its Gumasta License becomes liable to heavy penalties and punishments. Procedure to Obtain Gumasta License. An application must be filed to obtain a Gumasta License in Maharashtra. The application is filed in the prescribed format along with certain essential documents. The application for Gumasta License is filed with the Chief Inspector within 30 days of starting the business.
Type | Category | List of Documents Required | Charges | Time |
New | 0-9 Employees (Mumbai ) |
As per the list for Form -F | 1500/- | Immediate |
New | 0-9 Employees (Outside Mumbai ) |
As per the list for PART-C( Form-F) | 1500/- | Immediate |
New | 10 and above Employees (Mumbai) |
As per the list for Form-A | 1500/- | Immediate |
New | 10 and above Employees (Outside Mumbai ) |
As per the list for Form-A | 6000/- | 15 to 20 days |
Correction | All type | As per the list for Form -I | 1000/- | 15 to 20 days |