FACTORY Licence
A factory License acts as a document of approval given by authorities to carry out manufacturing and related activities. Factory license is compulsory for all manufacturing processes and establishments.
The Factories Act 1948 makes it compulsory for every factory in India to abide by the stated rules and guidelines. The primary measure to be commenced during the establishment of a factory is registration, followed by which the licenses can be availed from the administration. we look at the method for obtaining factory registration.
There is a detailed application Procedure for obtaining the license certification
A factory owner must follow certain steps to register a factory with the Government. The application procedure for factory registration in Maharashtra are as follows:
- Application
- Fee Payment
- Making Corrections
- Renewal of Certificate
Documentation
The following documents and information are required to register a factory:
- Memorandum/Articles of Association/Trust Deed
- Purchase/ Rental agreement of the premises
- List of Directors and General Manager
- Bank account details
- Income Tax Assessment order
- BMC Declaration
- Date of commencement of business
The government of India requires the following mentioned types of factories to adhere to the Factory Act 1948.
- Factories with a minimum of 10 workers and consumer power
- Hazardous products
- Non-Hazardous products
- Factories with a minimum of 20 workers with no power consumption
Compliance
During administration, the inspectors are obligated to approach the establishments to find or rule out any instance of infringements, prosecutions, and defaults in the factory premises.
Renewal of Registration
The Act facilitates the renewal of registration, which can be done by presenting the relevant forms to the concerned authority along with the old certificate of registration and the prescribed renewal fee.
Advantages of registration of Factory registration certificate
- Legal Benefit
- Specified Provisions for Employees
- Additional Matters
- Productivity Enhancement
- Equality
