Does a proprietor doing export individually & not hiring any employee require ‘Trader License’ ?

The condition of a ‘Trade License’ says that a person can’t use his home address and have to use a commercial building/location for a ‘Trade License’.

 

I will be registering my GST on my home address as a proprietor, getting IEC, a Current bank account, and doing export business. For this, I will be purchasing goods or services from different states.

In case of good, I will be keeping a few bags of stock at my home only. Rarely visiting trade fairs in other countries picking two bags full of handicraft decorative items.

 

So, with this layout do I require or bounded to get a Trader License?

Replies (2)
Quick Summary
This discussion explores whether a sole proprietor operating an export business from their home address requires a Trade License. The user plans to register GST, obtain an IEC, and open a business bank account using their home address, while also holding minimal stock there. They question the necessity of a Trade License, especially since it typically mandates a commercial address, and ponder if separate licenses are needed for each state they source goods from.

Trade license is must for opening bank account and GST registration.

but the Trade license doesn't allow to use of a home/residential address as a commercial space if I am conducting an export business alone/proprietor sitting in my bedroom and interacting with buyers and sellers through laptop and smartphone ?

And what if I am only buying and selling from the different states (without physical presence/office to these states) then do I need to take a trade license for each of these states (as a trade license is state-specific) ?

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