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The Government of Karnataka vide its Notification 1741-42 of 2015 dated 23-12-2015 has exempted MSMEs from obtaining TRADE LICENCE. A copy of the Notification is attached to this mail.

To fall under this exemption scheme MSMEs have to
  • 1. file Industrial Entrepreneurs Memorandum, or
  • 2. Industrial License
  • with the Secretariat of Industrial Assisstance, Department of Industrial Policy and Promotion, GOI.
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