Trade licence: BBMP decision leaves RWAs worried - News Summed Up

Trade licence: BBMP decision leaves RWAs worried


Meanwhile, the BBMP is also often accused of issuing trade licences in violation of BDA zonal regulations. It is rare for these agencies to ensure that the vendor has acquired a BBMP trade licence before providing a commercial connection or registering on VAT. “The issue is that there are thousands of establishments freely operating without a trade licence without any issues. How can other agencies then insist on trade licence and lose revenue?” a senior officer from one of the agencies questioned. Trade licences issued in 2016–17 *Trade licence fee collected: ₹42.68 croreNew trade licences issued (from Apr.


Source: The Hindu January 26, 2017 16:07 UTC



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