What is Gumasta License? And why you need to obtain it?

In India, there are various types of license and Gumasta license is one of them.  Gumasta license is a state license which is necessary and required for purpose of doing business and any commercial establishments in the State of Maharahstra. Gumasta license is also known as Shops and Establishment Act license and it is governed by Mumbai Municipal Corporation under the Maharashtra Shops and Establishment Act 1948. Gumasta license governs shops as well as commercial establishments in state of Maharahstra.

Person who are bound to obtain Gumasta license

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

What are the Benefits of Gumasta License?

There are large number of benefits and advantages of Gumasta license. Following are some of them:-

1. Gumasta License gives a certified authority to every citizen and company for doing business through shop   or through any business at a particular place.
2. Gumasta License gives a proof of a legal entity to conduct business in the State of Maharashtra.
3. Gumasta License is a basic requirement on part of citizen and company  for opening a current account and to get  loan from bank and any other financial institution.
4. Any citizen or company who obtains Gumasta license is entitled to get tax subsidies form government of Maharashtra.

Gumasta license

Documents required for obtaining Gumasta license

Any citizen and company who wishes to obtain Gumasta License has to submit a number of documents. Following are the list of documents.

1. Submission of address Proof like Electricity Bills, Copy or Rent Agreement or Sale Deed Copy or NOC from the Owner.
2. Pan card is also necessary for purpose of obtaining gumasta license.
3. Authority letter sanctioned by Municipal Corporation of Mumbai is also one of the necessary document for obtaining Gumasta License.

Registration of Gumasta license

Any person or establishment who wants to register Gumasta License has to submit application . On submission of application, the concerned officer will register the establishment in the register of establishments and the concerned officer shall issue a registration certificate along with the Labour Identification Number.

Validity of Gumasta License

Gumasta license is valid for a period of one year, however Gumasta License can  be granted for a period of up to 10 years.

Renewal of Gumasta License

Once, a registration of Gumasta License is obtained, a renewal application can be submitted each year at least thirty days before the date of expiry of the registration certificate for renewal of license.

Requirement of Gumasta License for tourist vehicle

Gumasta license is required for every business whether small trading business or service based business.  Any person who is operating a tourist vehicle or wishes to operate a tourist vehicle is required to obtain Gumasta license

Cost of Gumasta License

Cost of Gumasta License varies from state to state as prescribed.

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