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Sanjit Keskar   07 October 2021

Where is the rule that fumasta (mumbai) is now lifetime?

Where may i find the (changed) rule issued by the concerned authorities that new Gumasta's are for lifetime and any renewals would be lifetime valid too?

within how many days  must a new establishment apply for Gumasta 30 or 60?

What about renewal (within 30 or 60 days prior to expiry date?

 

 



Learning

 2 Replies

Anusha Singh   07 October 2021

As per your query it is understood that you need information about the Gumastas license in Mumbai.

·      The Gumasta license is issued under the Sub-section (2) of the Maharashtra Shops and Establishment Act, 1948

·      The Gumasta license is valid for one year and you can extend it for ten years.

·      This license is valid for one year, and you must apply within 30 days of the date of expiry of the registration certificate

·      It is a mandatory document to help you register yourself as an authorized entity

·      It is proof that you are authorized to operate a business in Maharashtra

·      This license is a must for any business to be recognized by the Government or Bank irrespective of the fact that an individual or an organization does the business.

Hope it helps!

 

Regards,

Anusha Singh

P. Venu (Advocate)     09 October 2021

The 1948 Act has since been repealed by the 2017 Act. The present enactment, to my knowledge, do not have any provision mandating 'Gumasta' license or its renewel.


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