Shop Act Benefits and Faq

1. Shop Act Benefits and Faq's Benefits of Shop Act If the business is looking for financial assistance in the form of bank loans, Gumasta license (Shop Act License) is preferred there. 1. Once you register for Gumasta license (Shop Act License), you can avail for the benefits and tax subsidies from the Maharashtra State Government available. It is made necessary for every business. It is required to make a Shop act license for a new location within 30 days from opening that establishment. There will be less Legal Compliance that you Need to follow and Shop and Establishment License is compulsory to be displayed at all Shops. 2. 3. 4. Shop Act registration gives you the lifetime valid certificate, so it is not required the renewal cost & it’s just one time cost for the same. Faq's of Shop Act 5. 1. Every Indian state has enacted certain rules and regulations with regard to conditions of work. The objective is to secure uniform benefits for employees working in different establishments, from shops, commercial establishments and residential hotels to restaurants, theatres and other places of public amusement or entertainment. 2. Shops Act Application is mandatory in some cases for businesses, as long as they qualify as an “Establishment” under the Shops and Establishment Act. So if you run a business in Maharashtra, you need to obtain Shop Act License under Bombay Shops and Establishments Act, 2018. 3. Reading the law, it becomes clear that any business which is involved in selling goods or services to customers out of a commercial office becomes liable to register. To repeat the point made earlier then, if you work out of an office and pg. 1

2. your products or services are sold online, you could exploit the loophole that no customers are purchasing from your shop, and hence registration would not be necessary. If however, you also entertain walk in clients and sell products and services to them, that loop-hole would no longer be available to you to use. 4. Broadly speaking the premises governed by the Act are shops, commercial establishments, residential hotels, clubs, restaurants, eating houses, theatres and other places of public amusement or entertainment. 5. The employer of every establishment engaging less than ten workers shall submit an online intimation of commencement of the business along with the required documents. After receiving an Information along with all the documents, a receipt of such intimation in Form ‘G’ shall be issued to the applicant online. For Any Query Email : support@onlineshopact.in Visit Website: www.onlineshopact.in pg. 2