KHADC approves revision of trade license fee

Syllad | The Rising MeghalayaMay 1, 2019

SHILLONG: After a gap of 14 years, the Khasi Hills Autonomous District Council (KHADC) has approved the proposal for enhancing the trading license fee structure which will increase its revenue generation to Rs 2 crore annually.

The Council has also decided to make the entire process of issuing trading license to non-tribals digital.

The decision was taken at a meeting of the United Democratic Alliance (UDA)-led executive committee chaired by the chief executive member (CEM) Teinwell Dkhar here on Wednesday.

“The executive committee has approved the proposal and it will be effective from this financial year,” Executive Member in-charge Trade Paul Lyngdoh told reporters after the meeting.

With this, he said there will be a significant increase in the revenue generation of the Council. “We expected the revenue to go up to Rs 2 crore annually but to achieve this we also have to ensure that the enforcement wing is further strengthened,” Lyngdoh added.

According to him, the last revision of the fee structure for fresh and renewal of license was done in 2005. Earlier last year, the revenue collected from trading license was at Rs 1 crore.

The EM also informed that the department has further identified and included 31 new trades which require license from the Council. These include chemical based industrial manufacturing unit and others.

Stating that the digitization of the process will help check and prevent revenue leakages, Lyngdoh said issuing of clearance and payment of fees will be online. “We have also decided to issue stickers for traders who have obtained the trading license,”  he said.